Anonymous wrote:We are ultra high networth. It is negligible.

What is considered ultra high net worth vs high net worth

2.5 % of our income for 2 kids in private.

We are ultra high networth. It is negligible.

1 kid, Big 3, tuition alone 25 percent of after tax income (single income household). Other extra curriculum (mainly art, math, writing, excluding sports) another 3-4 percent. Tuition + extra curriculum more than mortgage. I don't think we can afford tutoring, and if that is absolutely needed to maintain a decent GPA, we are going back to public (kid was in public till 8th).

2 kids in private. About 8% of income before taxes.

27% One is in regular private but one is in SN private.

5% pretax for tuition for 1, 7% for nanny to watch the second child + whenever school is out. Feels kind of tight.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:~3.5% of pretax this past year, not including fees, uniforms, shoes.

About the same for us (2 kids)

Another way I justify the cost is that I’m not spending nearly as much on after school tutoring. And there’s more time for play and non-academic pursuits since we aren’t having to do reading comprehension work at home or driving to a tutoring center for math.

Huh? Private schools are not known for their STEM rigor.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:~3.5% of pretax this past year, not including fees, uniforms, shoes.

About the same for us (2 kids)

Another way I justify the cost is that I’m not spending nearly as much on after school tutoring. And there’s more time for play and non-academic pursuits since we aren’t having to do reading comprehension work at home or driving to a tutoring center for math.

Interesting you say that. I thought it would be the same with us but at our big 3 many kids are in tutoring to try to get an edge, which drives the average higher. This has resulted in most kids having a tutor or some outside-school academic work (beyond homework), either to keep an edge or to keep up.

In high school? It’s pretty common to have some outside tutoring in 8-11th, whether public or private.

8.6% pre tax, 2 kids, but it’s a Catholic k-8 and Catholic HS.

We're at about 10% pretax. One kid only and made sacrifices for other things (crappy old cars and condo not sfh). It's worth it if you're asking this though.

18% of pre-tax. This is for one child. The other child goes to public school.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:~3.5% of pretax this past year, not including fees, uniforms, shoes.

About the same for us (2 kids)

Another way I justify the cost is that I’m not spending nearly as much on after school tutoring. And there’s more time for play and non-academic pursuits since we aren’t having to do reading comprehension work at home or driving to a tutoring center for math.

Interesting you say that. I thought it would be the same with us but at our big 3 many kids are in tutoring to try to get an edge, which drives the average higher. This has resulted in most kids having a tutor or some outside-school academic work (beyond homework), either to keep an edge or to keep up.

2.0%

27% pre tax for 2 kids. We are in the "scrimp and save" to make it work category. We make too much to get financial aid and too little to easily afford it.