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Reply to "Starting at what HHI or net worth would you feel comfortable paying $32k private school tuition?"
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[quote=Anonymous]We live in an area with "great" public schools....until the pandemic hit. We have had our 2 kids in in person 5 days a week private school since the start of this school year. We will continue for the foreseeable future. I don't want my kids back in public schools with a peer group so far behind them. Combined HHI just over 500k in 2020 in W2 income. Mortgage 2k/mo. Two investment properties (so we have to plan for the worst and have carrying costs which only amount to 2400/mo combined). Tuition is 60k total before fees and extras. The educational difference between our "excellent public schools and the private is stark. The standard for public schools is very pitifully low. The ELA education alone is worth it. No way in helllll would I send my kids to school in Baltimore. There is no diversity. None. And the kids are overwhelming from complete disaster parents without a father in sight. This schools will fail no matter what when coming from those families. [/quote]
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