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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I worked in NYC 30 years. Not a SINGLE executive ever paid private schools.

I grew up Great Neck with an award winning HS with a 25 commute to Manhattan, later loved by Rockville Centre another award winning school around 35 minutes from nyc.

My house in Great Neck was a 2-3 minute walk from train. I could be in Manhattan under 30 minutes from my living room chair.

I also when single lived by Douglaston train,

All execs lived close in towns near train in surburbs with great schools.

NJ has lots of same.

Plus my one rich boss who lived in Garden City also had a house in Southampton an easy commute to summer house. 
[/quote]

Nowhere near executive rank and plenty of my non executive friends do privates, including a government couple GS12-13 economist, a teacher + government contractor couple (2 kids at Potomac), a fintech director + HF analyst couple. By my generation a job is part of overall wealth and we don’t feel we need to skimp on certain experiences bc some executive from 1990s did things their way.[/quote]

Nah Scarsdale High is full of the children of rich execs. Most people who earned their money in hard jobs did the math and realized that living in Westchester made the most sense. You may believe you have “overall wealth” but you either don’t or didn’t actually work for it. Most rich execs would prefer not to throw away $150k/year on something they can get for free (assuming 3 kids). Also a lot of those guys started having kids before they got rich so they would have started in the burbs. [/quote]

Scarsdale is not the same as 20 years ago. It’s more diverse now. And plenty of professional live there on smaller lots with house priced 1.5mm below, they tend to have 1 - 2 kids later in life due to dual incomes. Makes totally sense to do private: lower tax + private high school vs higher tax from elementary school. I did the math myself. And some of the IC HF analysts makes 20mm a year without being “executive”, we also have IT guys with a book of business just by himself, there is a couple semi-famous authors in the neighborhood too. Your executives lifestyle doesn’t mean it’s the golden standards 😁[/quote]

How does it make sense to do private school again? [/quote]

Scenario 1:

Buy 1.5mm house in new Rochelle, pay 8k tax, send 1 kid to public for 6 years, 6 years to private.

Scenario 2:
Buy similar house in Scarsdale school district for 2.8mm, pay 70k property tax, send 1 kid to public for 12 years.

Make sense now?[/quote]

I think this is where Westchester school districts can be confusing.

I gather you are saying that you may have a Scarsdale address but feed to a New Rochelle school.  As a result, your property tax is quite low but the school options aren't great and you may go private.

If you buy in Scarsdale and actually feed into Scarsdale schools, then your property tax is quite high (same if you feed into Bronxville schools or other high-performing districts).  Scarsdale is often referenced because it has some of the highest performing public schools in the country.

Scarsdale public school is also maybe the only public school district in the country that opted out of AP classes.  They allow kids to sit for the tests but they don't have actual AP classes.  They call them Advanced Topic classes. [/quote]

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