Reply to making $250-$400K in NW DC and paying for college out of Wilson High school or similar

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Reply to "making $250-$400K in NW DC and paying for college out of Wilson High school or similar"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Here's the problem:

1) If you are medium HHI and living in a less expensive area, you aren't expected to make any sacrifices to send your kid to a private.

2) If you are high HHI and living in a high cost area, you are expected to make tangible sacrifices to send your kid to private.  And you are expected to subsidize #2.[/quote]

Edit: [b]subsidize #1[/b].[/quote]

How so?[/quote]

This:

[quote]"People do this at YOUR income level by saving 2/3 up front over the course of 18 years and cash flowing the rest, using loans as a last resort."[/quote]

Why should the above quote only apply to the high HHI folks?  Why is it that only the "YOUR income level" folks need to be doing this?[/quote]

? Because lower income folks will qualify for financial aid? This is a weird thread.

Financial advisors recomend saving 4 figures a month per kid for college for a reason, you know. How did this escape your attention?[/quote]

There are plenty of ways in which both #1 and #2 could live normal lives for their location and have little left over each month.  There is an expectation here that only #2 should be making sacrifices.[/quote]

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