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Private & Independent Schools
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]HHI $150k. We live in a townhouse in the suburbs, drive older cars, and do not feel the need to impress anyone with anything. We have one in private at $30,000/year and we're doing just fine. It's all a matter of priorities. [/quote] [b]This is sad. You are going to die [/b]when your kid goes to college and is around other kids doing just as well and the parenrs are not living in a townhouse and driving older cars. Unless your children have learning disabilities or are genuiuses, you're sacrificing way too much. Your kid will probably end up talking to a therapist about it one day. My in-laws did something similar and now my husband realizes how foolish they were. His dad has had to work a few more years before retirement and for little to no benefit. [/quote] You're an awful person, PP. Why do you feel the need to put down someone else's choice in such a fashion? I'm willing to bet these people have looked at their long-term budget and accepted the consequences. Our HHI is 100K. We would send DC to private school if we felt he needed it, because we have always lived frugally, have a lot put by already for retirement and college, and could swing the tuition. The reason PPs with 3-5 times our HHI are wringing their hands and moaning is that they are prioritizing other aspects of their lifestyle over a private school education. And it's their prerogative! But the point is, most people earning $300K a year *could* pay for private school for a couple of kids if they really wanted to. [/quote]
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