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Schools and Education General Discussion
Reply to "What HHI would you need to have to send 2 kids to private assuming..."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Op - thanks for the above. It’s really an impossible situation. We have 2 x properties worth a combined $3.5m. $1m in savings including 401ks. We Airbnb one of the properties but it’s v seasonal.. I had hoped to make up one of the kids tuitions that way but we at least invest that money (we make about $20-30k a year on it and use it a ton ourselves bc we have a small apt in the city) I really don’t know which path to take [/quote] The issue is you seem to live in a shitty school district. If you live in a good place, this wouldn't be an issue - because the public schools get the good kids, and the troubled kids go to the private schools who can deal with them. Which is basically how it is in the DC area for families that live in the W neighborhoods. [/quote] Most of nyc is a not great school district. There are some good zoned elementary publics and a very very few lottery middle schools and maybe 6 good city wide test in high schools. The difference between nyc private school kids and public is huge. Property taxes are higher in the burbs to support better schools but the shortest commute will be at least an hour each way. [/quote]
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