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Reply to "The cost of Jewish day school"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]This post is so ridiculous. $500k household income and complaining about money? The irony is staggering!! WTF??[/quote] Cool- then it’s not the post for you. If you check out the private school forum, 400-500k HHI is absolutely in the “lower quartile” of HHIs for student households. I would not be sending my kid to an expensive independent school on our HHI if Jewish day school were not a priority. And even though it is a priority, it would be a major expense that would require having fewer kids than desired or spending half of our HHI on tuition and camp in a HCOL area. I’m not sure what else to say. We live in a normal house with a normal mortgage, max out 401k, take 1-2 vacations per year. We live a very average lifestyle. We both work. We watch money. We don’t buy designer clothes. And so on. [/quote] PP here. We want to send our kids to private school. Got accepted and everything just last week. HHI is $250k max. Applied for aid, didn't get any. So we had to decline. Based on your post with $500k being "low" on income, good Lord we should be living in a shoe box. I would be on cloud nine with a HHI of $500k, that's all I'm saying..[/quote] Listen, I wish private school were more affordable. It’s not. Cost of living is soaring. At your income you definitely need significant financial aid. At my income we can make it work for two kids, but it’s still a major portion of our take home pay. And while your school seemingly has strict limitations on aid, most of the families at my kids school receive aid. I am bothered by the lack of transparency. If people at my income level typically get aid, they should just make it a published sliding scale, instead of having people with a 450k income subsidizing other people on the same or higher income, or people who chose not to work etc. The secondary topic here is how transparent the aid system should be, particularly in a Jewish day school. The primary topic is, for Jewish families who feel a religious and cultural preference to send their kids to day school, what financial trade offs have they had to make if they are in a financial bracket where they otherwise private school would be a stretch for them. [/quote] PP here. Unfortunately you won't get any insight into how the decisions are made. Our preferred private school isn't Jewish, but secular (we are in a more rural area), but the administration knows we are a Jewish family. I was completely okay with others and students knowing that. Now we're going to go public and I'm going to tell my older and eventually my younger once school age to not broadcast that information.[/quote]
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