Reply to I don't understand why parents waste so much money on private schools in this area.

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[quote=Anonymous]OP, I totally get what you’re saying, and as a public school grad and numbers person myself, often feel how you do. The public schools here *are* excellent, and the private school I send my kids too, while also excellent, and better in many ways than our local public IMO, is probably not “$40k better”.

I guess my rationale is “What else am I going to do with my money?” We already have a nice house in a nice neighborhood. Easy lifestyle with lots of help. Will have enough for retirement and the kids’ educations and some extra. Yes I could invest the $40k every year and give them a multi-million dollar trust fund, but I don’t care to do that. Private school is a total luxury. I am giving up other luxuries I could have had instead (like lots of travel to exotic locations with first class flights and 5-star hotels) because that is less important to me. I agree that if private school is a hardship for a family, and is putting their college tuition and retirement at risk, they should probably not do it, barring a concern like their in-bound publics being truly terrible and unsafe. They should spend their efforts on supplementing and being financially stress-free.[/quote]

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