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Private & Independent Schools
Reply to "Private school -- what portion of income are people spending?"
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[quote=Anonymous]How do so many in their mid 30s have 2-3 million dollars in cash/investments? Presumably these people all went to grad school until their early/mid 20s. To save 2-3m in 10-12 years is exceptional even for a household of two high earners, absent some windfall like major house appreciation, inheritance, etc. Still true even if no grad school and spread over 12-15 years. I don't think 2-3m in the bank is a prerequisite for putting 2 kids through private school.[/quote]
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