Anonymous wrote:
of the two sets of professor parents I know in the (D.C.) neighborhood, one set sends their teens to WIS and the other send their elementary kid to GDS
Interesting. Are both parents in both couples profs? If so, they may be just managing it, sort of the equivalent of the two-govt-worker couples at some privates. Or maybe the teach in a field that lends itself to lots of consulting work?
I don't want to 'out' these people, but, in the case of WIS family, I'm pretty sure that one parent has written several books for the general public. They've also owned their house for a looong time, which helps. Both parents are profs.
In the case of the GDS family, they have just the one kid. So that's, what, $3K a month you have to find in your budget? I guess they do it, they certainly don't live lavishly. Both parents are profs.