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Private & Independent Schools
Reply to "ok, don't crucify me.. question about financial aid. "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The private school system is regressive. It works fine for the wealthy and the poor that are able to get FA. The ones of us that are in the middle are shut out. It's unfair, I think... but that's life...[/quote] Same goes for highly ranked colleges and universities.[/quote] At $350k, OP is not "in the middle." She just can't afford a nice house in an expensive neighborhood in the DC area plus send 3 kids to private school without feeling a pinch. My heart bleeds. We have about the same HHI OP. We live in a small old house that will be paid off soon, and sock all our savings into retirement and college funds. We bought in a good school district because we knew we couldn't swing $40k per year per kid for 12 years. My parents were genuinely middle class and took out a second mortgage to send me and my brothers to college. I wouldn't dream of expecting financial aid for private school while I sat on $700k in home equity.[/quote] THANK YOU. This poster nailed it.[/quote]
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