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Reply to "What percentage of your HHI goes to tuition?"
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[quote=Anonymous][quote=Anonymous]The budgeting software says about 25%-30%. Two government employees. 1 kid in Catholic school. Turbo tax says last year's HHI was about $120,000. Vacations... what's dat? Unfortunately for the financial aid we have to factor in the TSP and our house value, which sadly makes us millionaires. We'll never qualify for any scholarships. Was rejected for the diocesan financial aid, twice. I can only hope for the DC RE market to crash or stocks to nosedive, or both in order to get that net worth under a mill. No tutoring. That would be a waste of money on someone so hard headed. Besides our DS is exhausted after school. Someone else also pointed out that privates include Catholic parish schools. Not all of us are going to Richie Rich schools. Some of us are sending our children to Catholic schools so they will be in an environment where the love of Christ is primary. Small classes are an added bonus. The neighborhood school, despite being in walking distance, is industrial sized and a mystery black box since Covid. I wish I did feel more comfortable sending kid to the public elementary school (the high school is a 'oh hell naw' and no one around here sends their kid there on purpose). It would save us a lot of money, but somethings are more important than money.[/quote] This sounds like Alexandria through and through.[/quote]
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