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Reply to "Starting at what HHI or net worth would you feel comfortable paying $32k private school tuition?"
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[quote=Anonymous]I don't think I'd ever be comfortable paying $32K for a private school. $32K a year gets you an extra $650,000 on your mortgage. Assuming you can afford a $600,000 house (which I hope you could if you're considering spending $32K on private school) there's nowhere in the area you couldn't get a $1.25 million house with great public schools. And if you can already afford a $1.25 million house, an extra $32K goes a long way for retirement, family vacations, college savings, and other things that I personally think are a much better use of money than private school. [/quote]
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