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Private & Independent Schools
Reply to "How do people afford tuition that will only continue to go up?"
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[quote=Anonymous][quote=Anonymous]Income is fine at $400k combined salary but we have 3 kids. 2 have special needs and will require small class sizes. All kids did public but now with middle and high school approaching, we think it’s time to move 1-2 kids over to private. Income is enough to not qualify for aid yet 2 tuitions of 40k or so, feels constraining. We don’t typically take lavish trips but wondering how others see this, finance it?[/quote] if you go private it’s your main investment. Most people in your income bracket don’t. They buy a 2 million dollar house in the burbs and educate using public schools. You can sell the house but you never get tuition dollars back. 400k isn’t wealthy enough in dc to go private and really do much of anything else. If you bought a house 15 years ago then disregard. [/quote]
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