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Private & Independent Schools
Reply to "if you're using private, are you saving enough for each child to go to any college?"
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[quote=Anonymous][quote=Anonymous]Sorry, was trying to respond to the poster with a HHI of 200k and student loan debt. Absolutely apply for aid. You will likely get between 5k to 10k. Possibly more at larger private schools. [/quote] Thanks for the feedback. It's good to know that posing the question to the schools with the higher price tags at least isn't nuts. We're really in an oddly bittersweet spot right now of being almost able to afford these schools, but not quite there yet. I need a stop watch so I can pause my kid at age 4 while I get another 5 years of career experience. "Stay here, honey, and play star wars until mommy gets back!" On the larger topic of this thread: I'm a bit confused about why college savings are important when considering independent school. Retirement I understand. Fears of a lack of emergency fund I understand. But if you can afford 20k+ every year for private school tuition, in years 1-12 of my career -- what is different in year 13? When junior applies to college, I just keep right on paying 20k+ in tuition.[/quote]
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