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Where does it say that? Btw private school looks quite affordable. I used to think my neighbor was rich, they were, but for only $20k/yr you can send 2 kids to

Where does it say that? Btw private school looks quite affordable. I used to think my neighbor was rich, they were, but for only $20k/yr you can send 2 kids to private school? That is cheaper than daycare.

Sivart13 3y ago
Daycare is considered by many to be very expensive and a lot of parents would prefer not to (or can't!) pay daycare prices until their kids leave the house.
thebradbain 3y ago
Depends on the city… in Los Angeles private schools can push $70k/yr/student easily; In the Bay Area I would imagine even higher. In Dallas, where I grew up and went to the same school for much less, tuition is now around $40k/student/year for top private schools.
- eitally 3y ago
  The highest I've found in the bay area are a small handful of residential private schools (e.g. Athenian is $82k for boarding students). Most of the top private day schools are still <$50k/yr, but I strongly suspect they top that once fees & "discretionary" expenses are added.
dpierce9 3y ago
There is a chart at the bottom. Costs doubled over twenty years since 1999, directly comparable to the college rate over the same period and well above inflation.
- shkkmo 3y ago
  According to that chart, by "well above inflation" you mean "<20% above inflation" and by "comparable to the college rates" you mean ">100% above inflation". Your use of generalizations seems radically inconsistent.
deleted 3y ago
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onlyrealcuzzo 3y ago
If you're paying $20k for daycare and there's not really a free option, that's just what you have to do. If you're paying $20k for private school, and there's a free option (public school) - you obviously have a healthy amount of disposable income.
- eitally 3y ago
  But once you've become sensitized to the impact of paying for daycare on your budget, it's easy to logically just continue the same budget and funnel the same money to a different school.
  - iteria 3y ago
    This. I put my kid into daycare because it didn't cost more than daycare and I'd been paying it this long, what was paying it forever when I'm financially stable. My kid is special needs and the public school would have never accommodated her like this private school has.
- brightlancer 3y ago
  > If you're paying $20k for private school, The link says the average for HS is $15.6k; if that's a mathematical mean, that's going to be driven up by a handful of very expensive schools. > and there's a free option (public school) Most public schools in the US are garbage. > - you obviously have a healthy amount of disposable income. Or make frugal choices elsewhere, or receive scholarships/ financial aid, likely both. Yes, that's right, parents can drive an older car and skip buying a bigger TV and cook at home and save money in all kinds of ways, and private schools offer scholarships and financial aid to advance missions of service.
  - onlyrealcuzzo 3y ago
    > Or make frugal choices elsewhere, or receive scholarships/ financial aid, likely both. Most people are already doing that and still can't spend $20k to send their children to a non-"garbage" school.
zeroonetwothree 3y ago
The private school near me is 55k per child. And that’s typical for this area
- prepend 3y ago
  And what is your point. Average rates were noted. The study also does average and median prices and increases. Of course there is variability. What does you living in a higher cost of living area have to do with the points in this thread. Are you distributing? Or just wanted to note that there are outliers that factor into the average? Maybe there’s something noteworthy about your private schools, but please add more info.
jasonmp85 3y ago
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Sivart13 3y ago

Daycare is considered by many to be very expensive and a lot of parents would prefer not to (or can't!) pay daycare prices until their kids leave the house.

thebradbain 3y ago

Depends on the city… in Los Angeles private schools can push $70k/yr/student easily; In the Bay Area I would imagine even higher. In Dallas, where I grew up and went to the same school for much less, tuition is now around $40k/student/year for top private schools.

eitally 3y ago
The highest I've found in the bay area are a small handful of residential private schools (e.g. Athenian is $82k for boarding students). Most of the top private day schools are still <$50k/yr, but I strongly suspect they top that once fees & "discretionary" expenses are added.

dpierce9 3y ago

There is a chart at the bottom. Costs doubled over twenty years since 1999, directly comparable to the college rate over the same period and well above inflation.

shkkmo 3y ago
According to that chart, by "well above inflation" you mean "<20% above inflation" and by "comparable to the college rates" you mean ">100% above inflation". Your use of generalizations seems radically inconsistent.

deleted 3y ago

[deleted]

onlyrealcuzzo 3y ago

If you're paying $20k for daycare and there's not really a free option, that's just what you have to do. If you're paying $20k for private school, and there's a free option (public school) - you obviously have a healthy amount of disposable income.

eitally 3y ago
But once you've become sensitized to the impact of paying for daycare on your budget, it's easy to logically just continue the same budget and funnel the same money to a different school.
- iteria 3y ago
  This. I put my kid into daycare because it didn't cost more than daycare and I'd been paying it this long, what was paying it forever when I'm financially stable. My kid is special needs and the public school would have never accommodated her like this private school has.
brightlancer 3y ago
> If you're paying $20k for private school, The link says the average for HS is $15.6k; if that's a mathematical mean, that's going to be driven up by a handful of very expensive schools. > and there's a free option (public school) Most public schools in the US are garbage. > - you obviously have a healthy amount of disposable income. Or make frugal choices elsewhere, or receive scholarships/ financial aid, likely both. Yes, that's right, parents can drive an older car and skip buying a bigger TV and cook at home and save money in all kinds of ways, and private schools offer scholarships and financial aid to advance missions of service.
- onlyrealcuzzo 3y ago
  > Or make frugal choices elsewhere, or receive scholarships/ financial aid, likely both. Most people are already doing that and still can't spend $20k to send their children to a non-"garbage" school.

zeroonetwothree 3y ago

The private school near me is 55k per child. And that’s typical for this area

prepend 3y ago
And what is your point. Average rates were noted. The study also does average and median prices and increases. Of course there is variability. What does you living in a higher cost of living area have to do with the points in this thread. Are you distributing? Or just wanted to note that there are outliers that factor into the average? Maybe there’s something noteworthy about your private schools, but please add more info.

jasonmp85 3y ago

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