Reply to What percentage of your net income goes to tuition?

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[quote=Anonymous][quote=Anonymous]To 10:03 - well, the house was totally underwater for the past few years and just now would be break even, so moving hasn't been an option. But the other reason is that because we live in a small house in a bad school district it is really inexpensive. To move to an equivalent house in a really good school district (i.e. equivalent to the independent school DC now goes to) we'd have to spend an extra $300,000. That just happens to be the amount of money we'll spend on DC's tuition for 12 years. So we can buy the education directly via independent school, or we can buy it indirectly through the public school system. Since we really, really love the school and like our neighborhood just fine it doesn't make  sense to move. In no world do we get a large lovely house and a great education, because we aren't well off enough to buy in those neighborhoods. Short answer? Its complicated.[/quote]

And you really don't know if the public school would serve your child as well as the private.[/quote]

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