Reply to Private school -- what portion of income are people spending?

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[quote=Anonymous][quote=Anonymous]OP I think the people who are criticizing your savings are trolling. You’re doing fine for your income level and age (as you said, your careers didn’t get started until after graduate school), and of course your income is very high. There are other factors that matter here, including how stable your jobs are, your family background (as in, would you be on the streets if something horrible happened, or do you have parents who would help you out) etc.

Notice that on DCUM everyone always says “oh the money at DC private schools is crazy, of course WE are not rich, but everyone else is…” I genuinely think you would be perfectly average for a full pay family. Which means you’d be wealthier than the 20-30% of families who get financial aid. Yes there are people who are wealthier, but that doesn’t mean YOU can’t afford it.

I happen to think private school is 100% worth it as long as the trade off is additional luxuries/savings and not basic retirement, college funds, etc, and you would fit in this category.[/quote]

OP has an HHI of $850k and you think that they are only wealthier than the families on financial aid.

What happened to all the "feds but grandparents pay," "fac brats with tuition remission," or "we scrimp and save to make it work" referred to in other posts? [/quote]

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