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Private & Independent Schools
Reply to "Would our DD feel out of place at private school if our HHI is $250,000"
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[quote=Anonymous][quote=Anonymous]All this focus on hhi is totally off...For privates it is all about wealth. And not just net worth but liquidity. I know several parents at a top 3 who probably have sub $100k hhi but are $2-5 million+ liquid. That's the more typical big 3 lifestyle.[/quote] I was thinking the same thing, but more like $250-300k income and $2-5 million+ in the bank, plus lots of equity in the house/no debt. At that point, a $15,000 vacation is not a big deal, even on that income. [/quote]
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