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the financial considerations of private school

May 18th, 2020 at 10:41 pm

Okay so I'm really considering private school. I'm torn because as I said before my DH is anti-religion so parochial schools he's been a hard no. He wouldn't even consider it. Now. Maybe.

But even then I'm not sure. Our kiddos are 2nd and 4th grade. What would the costs be? The closest secular traditional private school is $37,900 not including extra fees. So let's say $40,000/year per kid $80,000 for 2. Parochial school will cost us $28,430 for 2 kids.

I believe we might be too late for the fall unfortunately. So assuming we apply in the fall for Fall 2021 is what will be most likely.

First off if we save that money $80,000/year for the 7 years and $40k/year for 2 more years is $640,000. I'm not sure that's feasible. Maybe if we moved into a cheaper neighborhood. Honestly I'm struggling over the price.

Second the parochial school will cost us $227, 400 until my DK2 graduates from high school. That too is a lot of money.

I don't know. I mean I think for $14,000 a year I can pay a tutor 52 weeks $26/hr for 10 hours a week. Is it more worth it than paying for private school? Or should we look at paying at least parochial school tuition?

Right now we hired a tutor to help and it appears to be working. I sit and watch the tutor and help the kids. I also help with all the math. Interestingly my older one is motivated to do work faster but lazy. She'll get anywhere from 40%-80% right because she does it all in her head and then just put down an answer. Today I am making her sit down and repeat every single question she got wrong. By the 3rd one she admitted that if she had bothered to get a pencil and paper she could have done it. aahhhh.

6 Responses to “the financial considerations of private school”

  1. Lots of Ideas Says:
    1589840716

    What are your reasons for wanting to leave the public school system?

    Would moving to a different area with better schools be an answer?

    I think gong to parochial school could be difficult if a child doesn’t follow the religion. I also think if parents are struggling to pay for private school the child may not be able to ‘keep up’ socially and that can be hurtful.

    As you noted, it is a lot of money. Would it impact college selection? In some cases, where you received your degree matters. Where you went to fifth grade? Not so much.

    I think there are good teachers in both public and private schools, but compensation may be more attractive in public schools, especially if they are unionized. How would you guarantee quality teachers?

  2. Carol Says:
    1589841350

    I taught in both public and secular private. Private was really an enriching experience. However, for that kind of money, for your family, probably the tutor is the way to go. Some of the private school kids had tutors too!

  3. mumof2 Says:
    1589857274

    We live in a different country so a bit different for us I know when it comes to the cost of schooling...but our went private from year 5 onwards and it was so much better than the public system...but in saying that I wish back then we could have home schooled our kids (couldn't do that here then unless they had a disability) they get a much better rounded education than they would in any school and a more truthful account on things like history etc...and more hands on when they do science projects....but these are my thoughts...it is a lot of money for schooling and you need to be able to give them the best education within your budget...good luck

  4. Bluebird Says:
    1590017434

    LAL, I attended a religious private school grades 1-12. DH attended a good public school. Prior to having kids, I always thought I would do private. And like your situation, DH is relatively non-religious. We chose to live in a place with an excellent public school system because we wanted our kids to attend. My opinion is that the child will get the education they work for. If they want to excel, they will do it in a private or public school setting. It depends on the person. I wanted my kids to have a different experience than I did. I loved my schools, but they were limiting in certain ways. My boys are getting a great education, have the camaraderie of their peers who live very close by (many within walking distance), they have access to the benefits of public school funding for a myriad of special classes, accelerated classes, sports, orchestra/band, and opportunities that a private school may not offer. They attend school with a large group of kids in their immediate community. I wouldn't change anything we've done.

  5. rob62521 Says:
    1590340365

    I attended parochial school from K thru 8th. Back then, if we belonged to a church that fed into the school, the church paid th bulk of the tuition. It was probably a life saver for me, and back then educational standards were very high.

    I guess my question is why you want to send your kids to private school. Is it because it is superior to the public schools in your area? Sadly, the parochial school I attended years ago has loosened their standards as far as curriculum and although the kids still get religion classes, academically they aren't far ahead. Since it doesn't seem you are doing this for religious reasons, I would think the tutoring would be better and more directed towards your individual student's needs.

  6. LivingAlmostLarge Says:
    1590559738

    Private does appear to have better curriculum. Certainly better online curriculum.

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