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Private & Independent Schools
Reply to "How.do you afford private school? Any suggestions? "
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[quote=Anonymous][quote=Anonymous]If you move into a good public school district where they jack up the housing rate and overspend on a house just for the sake of the quality of the school versus paying for a private in a not-so-good school district. You're probably paying more for public in this case. [/quote] God, there is always someone using this stupid argument. Two kids at $34k per year k-12 = $816,000. There is not a $816,000 difference between a normalish house in not so great school districts and good school districts. There is a $816,000 difference between a mansion in kalorama and a townhouse in land over, but I don't think that population you are talking about is manning that kind of decision. Most people trying to justify private vs. public are probably talking about the difference between a $800,000 - $1.2 million dollar house in Bethesda/Arlington and a $600,000 row house in Petworth. Unless you live mortgage free in something you bought in the late 90s this argument is a loser. Plus, the money you put into a house, you get back (at least mostly....) when you sell it. Private vs. public is not a financial decision, if it were, only the super rich could ever, ever, ever justify the cost because $816,000 isn't that much money to them. [/quote]
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