Reply to How can middle class families send their kids to good private school (middle and high)?

Forum Index » Private & Independent Schools

Reply to "How can middle class families send their kids to good private school (middle and high)?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]  This thread suggests a few themes to me.1) if you have a child that really needs private school to learn, be happy, etc. Or risk such a poor start in life that they are set up for failure or to never come close to their potential, DCUM families can and make some sacrifices; 2) How big those sacrifices are cannot be judged solely on income, yet strangely that is what most of think about rather than other key life factors such as a) number of children; b) health expenses including special needs; c) assets.

Persoanlly, I would not send a kid tp private absent a real need (defined above) on an income of 200,000 for a family of four.  Saving for rainy day -- health, job loss comes first. Saving for  retirement comes next,unless you want your 
children to support you. Then saving for college, at least for a good in-state school (I am making the assumption anyone willing to pay for private expects their kids to go to college).  Now here is the rub -- that is all very tight on 200,000 unless you intend to live your entire life as if you make much, much less per year OR -- and this may be big onDCUM -- there are well healed grandparents willing to fund college, inheritances expected for retirement, a job that has generous old fashion pensions and great health 
benefits etc.

It would be nice if it were not this way.  If well healed privates spent less on building funds to have the best facilities and more on financial aid it would be different. Well endowed universities offer partial aid to families with incomes up to 180,000 incomes and average assets.  But then again, there is no rule that says the wealthy can't enjoy their with limited  access to others.  It would be lovely. For different privates to openly adopt different philosophies and see how it shakes out.  I would personally be more inclined to send my kids where I thought they would get a great education and be exposed to a smaller concentration of affluent students by more generous aid (or just lower tuition) than a more openly wealthy school with the best facilities. Unfortunately,there are few such choices among independent schools and they are shrinking.            [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics