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Private & Independent Schools
Reply to "How rich are private school parents?"
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[quote=Anonymous][quote=Anonymous]My guess is that gross median family income at Big 3 Private would be around 500K. I would guess further that the 25th percentile is around 250-300K, the 75th percentile around 750K and the 90th percentile around 1 million. There aren't any major OBSERVABLE differences in standard of living between folks in the 25th and the 75th percentiles, other than the not-too-large differences between the size/location of houses that people live in. We are between the median and the 75th percentile in income and are paying tuition for 1 kid in high school.[/quote] NP here. I know there are also families that contribute several hundred thousand dollars at a time. Basically, nothing here so far begins to give you a real view of the high end. People who founded companies and made hundreds of millions at the IPO and families descended from similar circumstances. Imho none of them would post on this thread or broadcast their situation with anyone on a salary or salary plus bonus existence. They do though tend to know one another.[/quote]
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