Anonymous wrote:Private schools have much lower standards for teachers. And they pay far less than public schools. If you are good at your profession, why get paid a third or more less????
Anonymous wrote:Anonymous wrote:Private schools have much lower standards for teachers. And they pay far less than public schools. If you are good at your profession, why get paid a third or more less????
That's what always confuses me when people claim teachers in private are better. This contradicts all economic theory about sorting in the labor market. My private school teachers always complained about how they weren't paid as much as the public school counterparts (and this was in a city that did NOT pay its public school teachers particularly well). Why would a teacher whose skills and abilities are marketable choose a private school when they could almost certainly gain employment in a good public school with far better wage and benefits?
Anonymous wrote:Anonymous wrote:Private schools have much lower standards for teachers. And they pay far less than public schools. If you are good at your profession, why get paid a third or more less????
That's what always confuses me when people claim teachers in private are better. This contradicts all economic theory about sorting in the labor market. My private school teachers always complained about how they weren't paid as much as the public school counterparts (and this was in a city that did NOT pay its public school teachers particularly well). Why would a teacher whose skills and abilities are marketable choose a private school when they could almost certainly gain employment in a good public school with far better wage and benefits?
Anonymous wrote:Private schools have much lower standards for teachers. And they pay far less than public schools. If you are good at your profession, why get paid a third or more less????
Anonymous wrote:Private schools have much lower standards for teachers. And they pay far less than public schools. If you are good at your profession, why get paid a third or more less????
Anonymous wrote:Anonymous wrote:Anonymous wrote:10K sqf new build in Mclean just screams noveau riche. You have no class or provenance and that's truly what counts.
If you had any sense you'd have bought in an older, respected neighborhood, been humble, and started building provenance.
You are right. Most of the people here are self made. I have no problem with being new money. I’m proud of our accomplishments and our humble immigrant beginnings. We are well educated and our kids are well adjusted nice kids in public school. We have politicians, professional athletes, techies, lawyers, doctors and business owners in our neighborhood. Most of them are all self made. Good for them and us.
Not the PP, but I'm the one who originally called you out because your story was inconsistent. I don't care if you live in a 10k size house or greater, or where you went to school, etc. But saying that you came from a humble background combined with your house feels small, just seems quite ridiculous. I don't think almost anyone (even here on dcum) could take a stand along all those lines. It's likely that at least one of things you've mentioned is not true; either you're not rich, or you did not come from humble beginnings, or if both of those things are true, you've then completely lost your sense of original self. I think you should paint a less conflicting story, that's all.
Anonymous wrote:Anonymous wrote:Anonymous wrote:10K sqf new build in Mclean just screams noveau riche. You have no class or provenance and that's truly what counts.
If you had any sense you'd have bought in an older, respected neighborhood, been humble, and started building provenance.
You are right. Most of the people here are self made. I have no problem with being new money. I’m proud of our accomplishments and our humble immigrant beginnings. We are well educated and our kids are well adjusted nice kids in public school. We have politicians, professional athletes, techies, lawyers, doctors and business owners in our neighborhood. Most of them are all self made. Good for them and us.
Not the PP, but I'm the one who originally called you out because your story was inconsistent. I don't care if you live in a 10k size house or greater, or where you went to school, etc. But saying that you came from a humble background combined with your house feels small, just seems quite ridiculous. I don't think almost anyone (even here on dcum) could take a stand along all those lines. It's likely that at least one of things you've mentioned is not true; either you're not rich, or you did not come from humble beginnings, or if both of those things are true, you've then completely lost your sense of original self. I think you should paint a less conflicting story, that's all.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:It’s just not worth it. We are wealthy enough to be able to afford it without any significant sacrifice, but not so rich that spending $1M+ on education would be meaningless to us financially.
In my view, any marginal benefit to private just isn’t worth the tremendous cost. In my view, there are pros and cons to public and private and, although we strongly value education, I don’t believe that means we should entirely disregard the value proposition when deciding whether to do private.
Is it “tremendous”? What kind of money are we talking here, since people will drop 1.3 to live in a “good” zone but could spend half that to live in an “average” one. Is private school tuition really half a mil?
Those numbers are off. More importantly, you ignore that you get a house to live in and have an asset you can then sell. You don’t get that with private school. $1M+ v free (zero marginal cost given taxes) is a tremendous expense.
I’m saying, if the choice was a 600k house in a crappy public zone and private school, or a 1m house in a good public zone, how is the latter such a good deal? We’re talking about 4 years, maybe a few more with additional kids. I think you’re just reluctant to admit you paid at least as much for your public via real estate as you would’ve living in a cheaper, equivalent house and going private.
This is a silly argument because it ignores reality. Do you think most people who pay 20-40k+ for multiple kids to attend private live in a 600k house in a not so amazing neighborhood? Most ppl who spend that much money can easily afford to live in expensive homes, and often much more, evidenced by overwhelmingly preppy atmosphere at privates, dominated by wealth. I personally think it would be a pretty bad decision to choose to live in a just ok neighborhood with the intent of using all the money "saved" by doing so, on a private school. Even excluding real estate appreciation and selling at some later point, kids would be more isolated in both private and maybe in their own neighborhood too. I can see if a family lives in a nice urban area with all bad schools but they do not want to move elsewhere for schools. In that case private is totally sensible.
I guess we are making your “pretty bad decision.” The private experience is just on balance what we prefer, and having a McMansion is not. 2500 sq ft is the scale we wanted.
We actually inherited a McMansion in Great Falls (not outright, had mortgage still) and we lived there for a couple months but then sold it and bought our current home.
Continuing off topic but I think 3000 or so, including basement is the perfect size.
I once heard that if you are renovating in GF it's advised to not go smaller than 4,000 sq ft if you want to sell easily later.
Anonymous wrote:Anonymous wrote:10K sqf new build in Mclean just screams noveau riche. You have no class or provenance and that's truly what counts.
If you had any sense you'd have bought in an older, respected neighborhood, been humble, and started building provenance.
You are right. Most of the people here are self made. I have no problem with being new money. I’m proud of our accomplishments and our humble immigrant beginnings. We are well educated and our kids are well adjusted nice kids in public school. We have politicians, professional athletes, techies, lawyers, doctors and business owners in our neighborhood. Most of them are all self made. Good for them and us.
Anonymous wrote:10K sqf new build in Mclean just screams noveau riche. You have no class or provenance and that's truly what counts.
If you had any sense you'd have bought in an older, respected neighborhood, been humble, and started building provenance.
Anonymous wrote:10K sqf new build in Mclean just screams noveau riche. You have no class or provenance and that's truly what counts.
If you had any sense you'd have bought in an older, respected neighborhood, been humble, and started building provenance.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:It’s just not worth it. We are wealthy enough to be able to afford it without any significant sacrifice, but not so rich that spending $1M+ on education would be meaningless to us financially.
In my view, any marginal benefit to private just isn’t worth the tremendous cost. In my view, there are pros and cons to public and private and, although we strongly value education, I don’t believe that means we should entirely disregard the value proposition when deciding whether to do private.
Is it “tremendous”? What kind of money are we talking here, since people will drop 1.3 to live in a “good” zone but could spend half that to live in an “average” one. Is private school tuition really half a mil?
Those numbers are off. More importantly, you ignore that you get a house to live in and have an asset you can then sell. You don’t get that with private school. $1M+ v free (zero marginal cost given taxes) is a tremendous expense.
I’m saying, if the choice was a 600k house in a crappy public zone and private school, or a 1m house in a good public zone, how is the latter such a good deal? We’re talking about 4 years, maybe a few more with additional kids. I think you’re just reluctant to admit you paid at least as much for your public via real estate as you would’ve living in a cheaper, equivalent house and going private.
This is a silly argument because it ignores reality. Do you think most people who pay 20-40k+ for multiple kids to attend private live in a 600k house in a not so amazing neighborhood? Most ppl who spend that much money can easily afford to live in expensive homes, and often much more, evidenced by overwhelmingly preppy atmosphere at privates, dominated by wealth. I personally think it would be a pretty bad decision to choose to live in a just ok neighborhood with the intent of using all the money "saved" by doing so, on a private school. Even excluding real estate appreciation and selling at some later point, kids would be more isolated in both private and maybe in their own neighborhood too. I can see if a family lives in a nice urban area with all bad schools but they do not want to move elsewhere for schools. In that case private is totally sensible.
I guess we are making your “pretty bad decision.” The private experience is just on balance what we prefer, and having a McMansion is not. 2500 sq ft is the scale we wanted.
We actually inherited a McMansion in Great Falls (not outright, had mortgage still) and we lived there for a couple months but then sold it and bought our current home.