Anonymous wrote:Anonymous wrote:Anonymous wrote:I’m just wondering how parents with two or more kids manage to sleep well at night knowing how expensive it is to send them to private school for 12 years, especially when that cost means having less money for college. I’m genuinely curious if others worry about this too, or if most people just don’t feel the weight of it.
Have less children. Seriously, this is a factor.
People who choose to limit the number of children they have in this are in order to send their only to private schools are … not my people.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:It now cost more than $1 mil to put two kids through private in DC.
I would say more than that. 120k for 12 years plus tuition inflation should be closer to 2 million dollars. And that’s before college.
Yeah and?
Yeah, totally reasonable. Every family’s got a couple million saved up for k-12 these days.
Anonymous wrote:Anonymous wrote:Anonymous wrote:It now cost more than $1 mil to put two kids through private in DC.
I would say more than that. 120k for 12 years plus tuition inflation should be closer to 2 million dollars. And that’s before college.
Yeah and?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:I’m going to give you the honest answer: we make a lot of money. We don’t have any grandparent help. Our HHI is north of $3M (and even then I contemplate whether the $120k a year is worth it for two elementary age kids) but the tuition money is something we can afford and doesn’t otherwise change our day to day at all.
If I made under $1M there’s just no way I’d do it without significant family help. Even at $1M-$2M it would be a toss up.
This is hilarious. People under $1 million shouldn’t consider full pay for private?
Yes. It’s fiscally reckless to sign up for 13 years of $120k/year for two kids. High school maybe. But starting in K? Absolute insanity for that income bracket.
There’s loads of people sending their kids to my $55k+ private HS who have incomes of under a million and who pay full tuition and for whom it’s not the least bit reckless. Family money.
Anonymous wrote:Anonymous wrote:It now cost more than $1 mil to put two kids through private in DC.
I would say more than that. 120k for 12 years plus tuition inflation should be closer to 2 million dollars. And that’s before college.
Anonymous wrote:It now cost more than $1 mil to put two kids through private in DC.
Anonymous wrote:Anonymous wrote:Anonymous wrote:I’m going to give you the honest answer: we make a lot of money. We don’t have any grandparent help. Our HHI is north of $3M (and even then I contemplate whether the $120k a year is worth it for two elementary age kids) but the tuition money is something we can afford and doesn’t otherwise change our day to day at all.
If I made under $1M there’s just no way I’d do it without significant family help. Even at $1M-$2M it would be a toss up.
This is hilarious. People under $1 million shouldn’t consider full pay for private?
Yes. It’s fiscally reckless to sign up for 13 years of $120k/year for two kids. High school maybe. But starting in K? Absolute insanity for that income bracket.
Anonymous wrote:Anonymous wrote:I’m going to give you the honest answer: we make a lot of money. We don’t have any grandparent help. Our HHI is north of $3M (and even then I contemplate whether the $120k a year is worth it for two elementary age kids) but the tuition money is something we can afford and doesn’t otherwise change our day to day at all.
If I made under $1M there’s just no way I’d do it without significant family help. Even at $1M-$2M it would be a toss up.
This is hilarious. People under $1 million shouldn’t consider full pay for private?
Anonymous wrote:I’m going to give you the honest answer: we make a lot of money. We don’t have any grandparent help. Our HHI is north of $3M (and even then I contemplate whether the $120k a year is worth it for two elementary age kids) but the tuition money is something we can afford and doesn’t otherwise change our day to day at all.
If I made under $1M there’s just no way I’d do it without significant family help. Even at $1M-$2M it would be a toss up.
Anonymous wrote:Anonymous wrote:Anonymous wrote:I’m just wondering how parents with two or more kids manage to sleep well at night knowing how expensive it is to send them to private school for 12 years, especially when that cost means having less money for college. I’m genuinely curious if others worry about this too, or if most people just don’t feel the weight of it.
Have less children. Seriously, this is a factor.
People who choose to limit the number of children they have in this are in order to send their only to private schools are … not my people.
Anonymous wrote:Anonymous wrote:I’m just wondering how parents with two or more kids manage to sleep well at night knowing how expensive it is to send them to private school for 12 years, especially when that cost means having less money for college. I’m genuinely curious if others worry about this too, or if most people just don’t feel the weight of it.
Have less children. Seriously, this is a factor.
Anonymous wrote:Anonymous wrote:Anonymous wrote:I’m going to give you the honest answer: we make a lot of money. We don’t have any grandparent help. Our HHI is north of $3M (and even then I contemplate whether the $120k a year is worth it for two elementary age kids) but the tuition money is something we can afford and doesn’t otherwise change our day to day at all.
If I made under $1M there’s just no way I’d do it without significant family help. Even at $1M-$2M it would be a toss up.
Good advice, poor people, get out and give up.
The poster didn’t ask for advice. She asked how do people sleep. PP answered.
Anonymous wrote:Anonymous wrote:I’m going to give you the honest answer: we make a lot of money. We don’t have any grandparent help. Our HHI is north of $3M (and even then I contemplate whether the $120k a year is worth it for two elementary age kids) but the tuition money is something we can afford and doesn’t otherwise change our day to day at all.
If I made under $1M there’s just no way I’d do it without significant family help. Even at $1M-$2M it would be a toss up.
Good advice, poor people, get out and give up.