Anonymous
04/22/2022 22:14
Subject: Re:What kind of income do you need to put 3+ kids in top privates from k-12?
Anonymous wrote:Anonymous wrote:Anonymous wrote:I went to private school my whole life, pre-k through college. My wife and I are really struggling to see the value in it. DW is a public school grad so we both slightly differ but when we compare out core friend group, mine are all exceptionally successful; while hers are doing fine, but her top end is probably the low end for my friend group. There were far more "outliers" at her school that are still bussing tables, part time gigs, etc; whereas, most of the kids from my high school are gainfully employed in the professional world.
We get that going to a high level private school surrounds yourself with like minded people, and naturally creates a group of highly driven, educated, friends. Outside of that benefit, it is VERY hard to justify the cost of these school. Can I really look in the mirror and say that if I sent my kid to public, put 50k a year into a brokerage account for him, and gave him the account at age 18, he would be WORSE off than a STA grad?
We have a newborn and as of right now we decided to do public through third and then most likely go private in 4th or 6th grade.
After that ramble...we make about 550k as 31yos. my target is 750k HHI (upon grade 4) to get two kids through a STA/NCS type of school.
I'll take confounding variables for $400, Alex. If a private school education turned out someone with critical thinking skills THIS lacking, I wouldn't see the value either.
You do you..however, who you hang out with and grow up with up everything. It sets the tone for your entire life. There’s a reason why all my friends are highly successful..and it’s not because we were straight A students. We all were solid B students who valued things outside AP classes…shocker!
The reason your friends are successful is that they come from wealthy families. That's the difference between your friends and your wife's friends.
Anonymous
04/22/2022 21:59
Subject: Re:What kind of income do you need to put 3+ kids in top privates from k-12?
Anonymous wrote:Anonymous wrote:I went to private school my whole life, pre-k through college. My wife and I are really struggling to see the value in it. DW is a public school grad so we both slightly differ but when we compare out core friend group, mine are all exceptionally successful; while hers are doing fine, but her top end is probably the low end for my friend group. There were far more "outliers" at her school that are still bussing tables, part time gigs, etc; whereas, most of the kids from my high school are gainfully employed in the professional world.
We get that going to a high level private school surrounds yourself with like minded people, and naturally creates a group of highly driven, educated, friends. Outside of that benefit, it is VERY hard to justify the cost of these school. Can I really look in the mirror and say that if I sent my kid to public, put 50k a year into a brokerage account for him, and gave him the account at age 18, he would be WORSE off than a STA grad?
We have a newborn and as of right now we decided to do public through third and then most likely go private in 4th or 6th grade.
After that ramble...we make about 550k as 31yos. my target is 750k HHI (upon grade 4) to get two kids through a STA/NCS type of school.
I'll take confounding variables for $400, Alex. If a private school education turned out someone with critical thinking skills THIS lacking, I wouldn't see the value either.
You do you..however, who you hang out with and grow up with up everything. It sets the tone for your entire life. There’s a reason why all my friends are highly successful..and it’s not because we were straight A students. We all were solid B students who valued things outside AP classes…shocker!
Anonymous
04/22/2022 21:53
Subject: Re:What kind of income do you need to put 3+ kids in top privates from k-12?
Anonymous wrote:Anonymous wrote:I went to private school my whole life, pre-k through college. My wife and I are really struggling to see the value in it. DW is a public school grad so we both slightly differ but when we compare out core friend group, mine are all exceptionally successful; while hers are doing fine, but her top end is probably the low end for my friend group. There were far more "outliers" at her school that are still bussing tables, part time gigs, etc; whereas, most of the kids from my high school are gainfully employed in the professional world.
We get that going to a high level private school surrounds yourself with like minded people, and naturally creates a group of highly driven, educated, friends. Outside of that benefit, it is VERY hard to justify the cost of these school. Can I really look in the mirror and say that if I sent my kid to public, put 50k a year into a brokerage account for him, and gave him the account at age 18, he would be WORSE off than a STA grad?
We have a newborn and as of right now we decided to do public through third and then most likely go private in 4th or 6th grade.
After that ramble...we make about 550k as 31yos. my target is 750k HHI (upon grade 4) to get two kids through a STA/NCS type of school.
Whatever you do, DON’T DO THE BOLDED.
And if you are the type (I don’t mean this to be derogatory) to value elite private schools, your kids are going to want to go to expensive private universities that cost double per year per kid what independent day schools cost.
It was a hypothetical.. obviously I would never give my 18yo son free range of a six figure brokerage account.
Anonymous
04/22/2022 20:23
Subject: What kind of income do you need to put 3+ kids in top privates from k-12?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:All the financial aid goes to someone....
though it disproportionately goes to upper school, someone in lower school is also getting it.
Probably faculty kids.
Nobody is getting financial aid for three kids in private for 13 years each.
Then I have a lot of questions for someone I know...teacher at the school, husband is also a teacher at another school. HHI can't be more than $140/150
That’s an employee benefit. The average applicant isn’t getting that level of FA.
Financial aid is a benefit?
Literally the above poster...
Free tuition is an employee benefit
Zero private schools in 2021 give full tuition remission to employees. Prove me wrong....
Who said anything about full-tuition remission?
How dense are you people? Literally 5 posts up was this: "Free tuition is an employee benefit"
Anonymous
04/22/2022 20:06
Subject: What kind of income do you need to put 3+ kids in top privates from k-12?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:All the financial aid goes to someone....
though it disproportionately goes to upper school, someone in lower school is also getting it.
Probably faculty kids.
Nobody is getting financial aid for three kids in private for 13 years each.
Then I have a lot of questions for someone I know...teacher at the school, husband is also a teacher at another school. HHI can't be more than $140/150
That’s an employee benefit. The average applicant isn’t getting that level of FA.
Financial aid is a benefit?
Literally the above poster...
Free tuition is an employee benefit
Zero private schools in 2021 give full tuition remission to employees. Prove me wrong....
Who said anything about full-tuition remission?
Anonymous
04/22/2022 19:43
Subject: What kind of income do you need to put 3+ kids in top privates from k-12?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:All the financial aid goes to someone....
though it disproportionately goes to upper school, someone in lower school is also getting it.
Probably faculty kids.
Nobody is getting financial aid for three kids in private for 13 years each.
Then I have a lot of questions for someone I know...teacher at the school, husband is also a teacher at another school. HHI can't be more than $140/150
That’s an employee benefit. The average applicant isn’t getting that level of FA.
Financial aid is a benefit?
Free tuition is an employee benefit
Zero private schools in 2021 give full tuition remission to employees. Prove me wrong....
Who said anything about full-tuition remission?
Anonymous
04/22/2022 19:42
Subject: What kind of income do you need to put 3+ kids in top privates from k-12?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:All the financial aid goes to someone....
though it disproportionately goes to upper school, someone in lower school is also getting it.
Probably faculty kids.
Nobody is getting financial aid for three kids in private for 13 years each.
Then I have a lot of questions for someone I know...teacher at the school, husband is also a teacher at another school. HHI can't be more than $140/150
That’s an employee benefit. The average applicant isn’t getting that level of FA.
Financial aid is a benefit?
Free tuition is an employee benefit
Zero private schools in 2021 give full tuition remission to employees. Prove me wrong....
Anonymous
04/22/2022 18:37
Subject: Re:What kind of income do you need to put 3+ kids in top privates from k-12?
Anonymous wrote:I went to private school my whole life, pre-k through college. My wife and I are really struggling to see the value in it. DW is a public school grad so we both slightly differ but when we compare out core friend group, mine are all exceptionally successful; while hers are doing fine, but her top end is probably the low end for my friend group. There were far more "outliers" at her school that are still bussing tables, part time gigs, etc; whereas, most of the kids from my high school are gainfully employed in the professional world.
We get that going to a high level private school surrounds yourself with like minded people, and naturally creates a group of highly driven, educated, friends. Outside of that benefit, it is VERY hard to justify the cost of these school. Can I really look in the mirror and say that if I sent my kid to public, put 50k a year into a brokerage account for him, and gave him the account at age 18, he would be WORSE off than a STA grad?
We have a newborn and as of right now we decided to do public through third and then most likely go private in 4th or 6th grade.
After that ramble...we make about 550k as 31yos. my target is 750k HHI (upon grade 4) to get two kids through a STA/NCS type of school.
Whatever you do, DON’T DO THE BOLDED.
And if you are the type (I don’t mean this to be derogatory) to value elite private schools, your kids are going to want to go to expensive private universities that cost double per year per kid what independent day schools cost.
Anonymous
04/22/2022 15:35
Subject: Re:What kind of income do you need to put 3+ kids in top privates from k-12?
Anonymous wrote:I was debating whether private school was even in the cards for my two kids at $350 HHI with no family help. Guess that answer is a hard no from the responses on this thread!
A parochial school would be an option. DCUM does not consider that private school.
Anonymous
04/22/2022 15:32
Subject: Re:What kind of income do you need to put 3+ kids in top privates from k-12?
Anonymous wrote:I went to private school my whole life, pre-k through college. My wife and I are really struggling to see the value in it. DW is a public school grad so we both slightly differ but when we compare out core friend group, mine are all exceptionally successful; while hers are doing fine, but her top end is probably the low end for my friend group. There were far more "outliers" at her school that are still bussing tables, part time gigs, etc; whereas, most of the kids from my high school are gainfully employed in the professional world.
We get that going to a high level private school surrounds yourself with like minded people, and naturally creates a group of highly driven, educated, friends. Outside of that benefit, it is VERY hard to justify the cost of these school. Can I really look in the mirror and say that if I sent my kid to public, put 50k a year into a brokerage account for him, and gave him the account at age 18, he would be WORSE off than a STA grad?
We have a newborn and as of right now we decided to do public through third and then most likely go private in 4th or 6th grade.
After that ramble...we make about 550k as 31yos. my target is 750k HHI (upon grade 4) to get two kids through a STA/NCS type of school.
I'll take confounding variables for $400, Alex. If a private school education turned out someone with critical thinking skills THIS lacking, I wouldn't see the value either.
Anonymous
04/22/2022 15:25
Subject: Re:What kind of income do you need to put 3+ kids in top privates from k-12?
I went to private school my whole life, pre-k through college. My wife and I are really struggling to see the value in it. DW is a public school grad so we both slightly differ but when we compare out core friend group, mine are all exceptionally successful; while hers are doing fine, but her top end is probably the low end for my friend group. There were far more "outliers" at her school that are still bussing tables, part time gigs, etc; whereas, most of the kids from my high school are gainfully employed in the professional world.
We get that going to a high level private school surrounds yourself with like minded people, and naturally creates a group of highly driven, educated, friends. Outside of that benefit, it is VERY hard to justify the cost of these school. Can I really look in the mirror and say that if I sent my kid to public, put 50k a year into a brokerage account for him, and gave him the account at age 18, he would be WORSE off than a STA grad?
We have a newborn and as of right now we decided to do public through third and then most likely go private in 4th or 6th grade.
After that ramble...we make about 550k as 31yos. my target is 750k HHI (upon grade 4) to get two kids through a STA/NCS type of school.
We get that going to a high level private school surrounds yourself with like minded people, and naturally creates a group of highly driven, educated, friends. Outside of that benefit, it is VERY hard to justify the cost of these school. Can I really look in the mirror and say that if I sent my kid to public, put 50k a year into a brokerage account for him, and gave him the account at age 18, he would be WORSE off than a STA grad?
We have a newborn and as of right now we decided to do public through third and then most likely go private in 4th or 6th grade.
After that ramble...we make about 550k as 31yos. my target is 750k HHI (upon grade 4) to get two kids through a STA/NCS type of school.
Anonymous
04/22/2022 15:07
Subject: What kind of income do you need to put 3+ kids in top privates from k-12?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:All the financial aid goes to someone....
though it disproportionately goes to upper school, someone in lower school is also getting it.
Probably faculty kids.
Nobody is getting financial aid for three kids in private for 13 years each.
Then I have a lot of questions for someone I know...teacher at the school, husband is also a teacher at another school. HHI can't be more than $140/150
That’s an employee benefit. The average applicant isn’t getting that level of FA.
Financial aid is a benefit?
Free tuition is an employee benefit
Anonymous
04/22/2022 15:06
Subject: Re:What kind of income do you need to put 3+ kids in top privates from k-12?
I was debating whether private school was even in the cards for my two kids at $350 HHI with no family help. Guess that answer is a hard no from the responses on this thread!
Anonymous
04/22/2022 14:52
Subject: What kind of income do you need to put 3+ kids in top privates from k-12?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:All the financial aid goes to someone....
though it disproportionately goes to upper school, someone in lower school is also getting it.
Probably faculty kids.
Nobody is getting financial aid for three kids in private for 13 years each.
Then I have a lot of questions for someone I know...teacher at the school, husband is also a teacher at another school. HHI can't be more than $140/150
That’s an employee benefit. The average applicant isn’t getting that level of FA.
Financial aid is a benefit?
Anonymous
04/22/2022 14:49
Subject: What kind of income do you need to put 3+ kids in top privates from k-12?
Anonymous wrote:Anonymous wrote:Anonymous wrote:All the financial aid goes to someone....
though it disproportionately goes to upper school, someone in lower school is also getting it.
Probably faculty kids.
Nobody is getting financial aid for three kids in private for 13 years each.
Then I have a lot of questions for someone I know...teacher at the school, husband is also a teacher at another school. HHI can't be more than $140/150
That’s an employee benefit. The average applicant isn’t getting that level of FA.