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[quote=Anonymous]The ivy is $50k not private school. The PP is trying to say jumping from private to Ivy is not a big stretch ... That they should be able to afford it, which is not true, it is a big stretch for many.

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote]Big difference between private HS (35k on the high end for the DMV area) & Ivy (60k a year).[/quote]

Well yeah, but you would imagine that there would be at least some savings to tap into.  And is [i]some[/i] student loan debt the end of the world?  I understand that going 200K into debt is really horrible for a young person to be saddled with, but I'm not sure that ~20K or less at a low interest rate is so untenable for a young person (obviously 25K x 4 is 100K, but presuming there might be savings in the picture).[/quote]

Plus, if you've been paying $35k a year for 12 years what is it about year 13 that suddenly makes it unaffordable?  [/quote]

Just guessing here, but maybe that additional $25k?   :roll: [/quote]

Sorry, let me rephrase that.  If you've been paying $35k for 16 years, what is it about year 17 that makes it about unaffordable?  An 80k loan could be paid off fairly quickly.

Chances are this is all hypothetical anyway.[/quote]

Not Pp but what they are saying it is not $35k ... It is more like $50k. A

I would also add that 12 years ago private school was not $35 ..more like $20-$25. Also she has one in college already. So instead of $30kx3 it is $50k x 2 + $30k for the last kid.  $90k vs $130k[/quote]

C'mon, it's not as high as $50k unless you're donating $$$ to the auction and DC participates in the most expensive school clubs.  Also, I wonder if OP's kids are in parochial schools, which are less expensive.[/quote][/quote]

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