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Private & Independent Schools
Reply to "Sandy springs friends school?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]More affordable than $45000 that is for sure [/quote] If you can afford $30K, you can manage with $40K. I personally don't see the difference when you're paying those ridiculous rates in tuition. And teachers who work there may earn competitive wages across area privates, but there's no way they're earning close to what they can in the public system. So they're either very dedicated, or they don't need the money - or perhaps both![/quote] Our kids are in public now but we are thinking of private high school for one of them. The difference between 30 and 40k is meaningful for us. I don't know if we can swing 30k but I know we can't afford 40. It's significant. [/quote] Right. This sounds like one of those fallacies Daniel Kahneman is always pointing out. When monetary amounts get real high, people's critical thinking shuts down. The difference between 40k and 30k is every bit as real as the difference between 0 and 10k. This relates to the cognitive disconnect most of us have -- we'll take the time to return a $40 item rather than just accept the loss, but we won't haggle over a $200 feature in a car purchase because there's so much money sunk in the car already. It's irrational, but it's what we humans do. $10 K is $10 K regardless of how much one has already spent. [/quote]
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