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Reply to "household income of 250K to send kids to private school"
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[quote=Anonymous]We have one in college (grad 2017) and one in $40k private and we make about $550K. It’s doable but not easy because we pay the private out of salary and the college out of part salary/part 529. I think it would be really hard on your income to make it work and still do other things! We don’t get grandparent tuition help but one grandparent has paid for overseas travel for us and school trips/camps for our kids occasionally. Our kids have been in private all the way though and we didn’t start at our current income of course so it has always meant figuring it out year by year. We make decent money now and my husband has a position that will continue to grow (we are younger than many of our private school parent peers) so I’m feeling ok about our ability to pay but we definitely have conversations all the time about how much we would have if we didn’t pay $80-100k in cash to schools each year. That being said, our kids are extremely happy so we don’t dwell on it and we focus on the future (3 years from now we will be down to one tuition!).[/quote]
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