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[quote=Anonymous][quote=Anonymous]The simple math is that if you are spending $150,000 on schools, you live otherwise like people making $150,000 (after tax) less but send our kids to public schools.

Another way to think about it is that you will be spending very roughly $500,000 on tuition over 13 years, so you have to work another year or two for each kid's tuition.

Clearly it's costly and would make a difference in your life, and we can't tell you the right decision, but you'd be giving up luxuries, not needs.[/quote]

This seems like it makes sense, but for many it is actually more complicated than that. I used to work for the government making $125K, I now make more than $200K more than that so in theory I could afford private school since my family did just fine on my government salary. But now I have much less job security, so I feel like I need to save a lot more and am not comfortable sending my kids to private until I have saved enough so that I could live off of investments. Unless you are a doctor, most jobs that pay well don't have much job security. [/quote]

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