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[quote=Anonymous]This is basically our scenario - 50k tuition with just over 400k HHI. We certainly can afford it and still manage to save beyond our 401k. But it certainly is a big expense. We just accept that we won’t do things like big kitchen renovations until he is out of school. But it is completely worth it. Our public school system has really deteriorated in the past decade, and I have no regrets at putting him in a private school that he absolutely loves.

[quote=Anonymous]It's interesting because on the financial aid threads, people commonly say that those making $400K (pre-tax) should easily be able to pay $100K+ out of pocket and are living overly luxurious lives because they can't or won't.  I was jumped on by many posters because I said that paying $165K out of a $425K income would be difficult for us.

And yet the reality is that even paying $50K out of a $300-400K income (pre-tax) is hard for people.  Which makes sense because it's a huge part of take-home income at this level.  It's the equivalent of buying a new (nice!) car every year and throwing it out.  Not many people at this income level would or could do that.  [/quote][/quote]

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