Reply to Do you make $400,000 a year but feel broke?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]The school can do what they want.  I will think you are a moron if you make $400k and are broke, whether that's because you are choosing to put 2 or 4 children through an expensive private school (they're not all $30k, even in this area), or saving too much, or not enough, or buying too much house, or too many cars, or whatever.  At $400k, if you're broke, you're a financial moron.[/quote]
I completely agree - if you make $400k HHI, you have no excuse not be saving a good chunk of it each year.  Personally, I'd put the bar at $100k, but I'm sure many families in that income range save less.

So by your own logic, you would be a moron to pay for 4 kids to attend private at a full freight cost on that income level.  If the only way to afford private is to make a financial decision that only a moron would make, that illustrates perfectly why some level of financial aid would be appropriate if you think every family should have a chance to afford private without making an irrational decision.[/quote]

Who thinks everyone is entitled to private school?  [/quote]
Generally, the policy of financial aid offices is that every family should have an opportunity to attend private school without having to make a financially irresponsible decision.  It's fine if you think private school should only be for the very rich and poor, but I'm operating under the premise that no family should be strictly barred for financial reasons, which seems to be your position.[/quote]

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