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][quote=Anonymous]Good gravy, there are scads of pricey private schools in the Washington area. If so many people think $300k is not sufficient HHI to have the kids go to these schools, how much is needed?  $500k HHI? $1 million? [/quote]

We make over $400K and would have to seriously change our standard of living to spend an additional $5K a month on private school. We save a bit more than that each month, but who wants to live that close to the line?[/quote]

I completely agree with you.  It is simply crazy to me that people will struggle to pay $60k a year on private school when we live in a region with some of the best public schools in the country.  Unless and until something goes wrong at our local public school, or I feel that my child has issues that require private education, I simply can't rationalize that outlay year and after year.  Of course, if 60K was nothing but a drop in the bucket because I made 1 mil a year, then paying for private school would be a no-brainer.  [/quote]

Plus, it'll be more like 80k/yr by the time kids are thru 12th. No thanks.[/quote]

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