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Private & Independent Schools
Reply to "How does one afford private school in DC for 32,000/year"
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[quote=Anonymous][quote=Anonymous]OP, a lot of people have done the math and decided it is better to spend more on a mortgage to move out to an area where public schools are acceptable rather than pay for private school. They conclude that the money spent on private school cannot be recaptured whereas the money spent on a higher mortgage can be recaptured when the house is sold. So, the house is a better "investment" (in a good enough school district) than the private school education. This analysis applies when financing the education is tough but do-able. Doesn't apply so much when parents have plenty of $$ for private school.[/quote] Hard to beleive that a house is a better "investment" than your children's eduction. [/quote]
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