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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]What's wrong with your public schools? You do realize that as educated upper middle class professionals, your children will do well at any school, don't you? It appears that you may want to send your kids to a private for the status it gives your family. Not worth it. [/quote] It is a NorthEast thing where everyone thinks their kids won't be "successful" in life unless they attend private grade school. The only time a brand name private high school will help a kid get into a top college is if they are mediocre students. A driven smart child with involved educated successful parents will be able to succeed regardless of the school they attend. As for affording the tuition, I am sure you could at a cost to your retirement and building a nice savings. It will be harder to wean your family away from private school later on if you start them young. I would wait a few more years, saving at least 70% of what you would otherwise be spending on tuition as a PP mentioned. [/quote]
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