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Private & Independent Schools
Reply to "Did both parents go to public but you're now sending kids to private?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We actually did the opposite situation. It's simply not worth the tuition that they're charging. The ROI is not there. We'll set our kids up with nice trust funds instead. I doubt that there are many 25-year-olds who would choose the having attended private K-12 over a 7-figure trust fund.[/quote] What is wrong with people? What does a 25 year old news with a trust fund, other than yet another reason to not make anything of themselves? Disgusting.[/quote] Agree. This is disgusting and the values it represents are not admirable. [/quote] I think people are being put off by the trust fund comment. I am not that poster but I will rephrase: "I think my child would rather have college and grad school paid for and a down payment on a house, than have gone to private school k-12."[/quote] Fair, but I don't think many people are blowing their college/grad school wad on private school. It's hardly go to Sidwell now, pay for college on your own. And whatever happened to saving for your own down payment?[/quote] Actually I bet there are a lot of parents out there who pay for private and not for grad school. I'd much rather have had my parents pay for a more expensive college or grad school than private school. Or even just have been given cash. Fwiw, many parents paying private school tuition find it to be a lot of money. Just taking 40k and investing it will amass to a good bit of money over time. If you take the 500k you would have spent on private school and put it in the market your child will end up with plenty for college, grad school, wedding and a down payment. I wish my husband's parents could write us a one million check because that's how much they spent educating their two children when there were perfectly decent public schools. They both still work past the retirement age. It's sad. [/quote]
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