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Reply to "Can two fed govt job family afford to send two kids to elite private school?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]This income level is way beyond my league but will a child from a home with a HHI of $300k be the poor kid at a private school? It's one thing to be a scholarship kid at Georgetown Day when your unmarried Mom is making $50k but the OP's situation sounds quite different.[/quote] I was thinking the same thing. Kids in a 300K household can't be considered "poor." Their parents won't be able to buy a house on the coast of Maine but they'll be renting one for two weeks in August![/quote] No they won't. They won't be able to afford it because of the cost of paying for k-12. That's the whole point of why people are telling OP not to do this. She said herself that raises in future will be minimal. So no vacations, nice restaurants, clothes, expensive extracurriculars, sufficient savings for college or retirement...[/quote]
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