Reply to What percentage of your HHI goes to tuition?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]So are there some cheap schools or is everyone making $1M+. If tuition is 50k/yr and you have 2 kids amd that is 5% of income - as many here claim - then you make $2M.  I'm not believing people here.  We make 800k with 2 kids - 13% - and no, we're not stretched - we know how to budget our money.[/quote]
Lots of real private school families make over $1m. [/quote]

Not lots, few make that - stats are stats - lies are lies.  More people say they do than is statistically possible, even for DC.[/quote]

I don't think you are running the stats right.  There is a lot more overlap between $1m+ earners and those who select private school than you are giving credit for.  Plus, we're in a city of lawyers and even relatively junior partners are making 7 figures.  [/quote]

Well, the statistical distribution of income is available for the DC area.  The majority of those people are 60+ and are unlikely to have school aged children.    So really we are dealing with a small subset.  Of that tiny subset only some have school aged children.  Of that small subset more people send their kids to private school.

However, of the entire group that writes on this forum, there are more liars than anything.[/quote]

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