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Private & Independent Schools
Reply to "How rich are private school parents?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I think we earn enough to afford private, but we are just another ordinary dual income professionals in the area, and we live in a very modest house Can someone tell me what majority of private school families are like financially? I don’t want our kid to feel that he’s the poorest one in the class[/quote] HHI is 370k/year. Kid got accepted into a private school that costs over 40k/year. Filled out the FA application and uploaded W2 and previous tac return from the past. Got 80% in FA and I still don't know why. [/quote] That makes no sense to me. We make 190, have significant student loan debt, and a small mortgage (160k on the mortgage). TADS thinks we can pay around 37,000, which I think is in range. Maybe it allows much bigger leeway for additional kids or mortgage debt than I would anticipate?[/quote]
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