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Private & Independent Schools
Reply to "Private school -- what portion of income are people spending?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Hard to say for many families, who receive financial help from grandparents. Whether it be in the form of having paid tuition for college and grad school or a downpayment on a house so that money that would be spent paying student loans or on a larger mortgage can be spent on private school tuition, or grandparents paying tuition directly to their grandchildren's schools, there seem to be a lot of families with generational wealth. [/quote] I don’t consider paying college tuition as generational wealth. Generational wealth is a trust fund. Educating your kid is just… being a decent parent.[/quote] My working class, immigrant parents were "decent parents" who could not afford to pay for my college tuition. Are you really so out-of-touch that you have no clue how many "decent" parents there are who struggle to pay for college? You don't seem to understand how much of a burden college and graduate school loans are for many, many people and how much of an advantage graduating from college and graduate school without debt is for creating generation wealth.[/quote]
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