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Private & Independent Schools
Reply to "Making $300K and getting financial aid for a first grader"
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[quote=Anonymous]For the folks asking why don't we move - it is impractical (not impossible). We own our very modest PG county house but the mortgage is about $40k underwater. In order to sell we'd need to find that amount of cash, plus enough for a down payment, plus enough for moving expenses. We just don't have it. We could of course rent out our house and go rent another, but we would make crappy landlords and we'd lose money. And we really like our little house and our community. But we can afford private school and think school is a better way to spend money than housing, anyway, and because we love the school and our kid is very happy it seems like a good solution. If we had a good public we would send DS without a second thought. But we don't, and so life gets complicated since we want a great school for him, whether it is public or private.[/quote]
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