yes_its_him t1_jac6fo3 wrote on February 28, 2023 at 11:22 AM

For most people, the percentage is zero.

For you, you are looking at some of the most expensive schools in the country, and it's only 10%ish.

Does the kid want to go to boarding school?

This post was sort of bizarre: https://www.reddit.com/r/answers/comments/11d6lze/isnt_boarding_school_a_way_to_save_money/

As though boarding schools were somehow providing services below cost.

flowerinsta OP t1_jac74fa wrote on February 28, 2023 at 11:31 AM

I live in nyc and the cost of private schools here are bizarre.Compared to those boarding schools are cheaper.Good private schools in nyc can have the same fees as a boarding school without providing accommodation.

yes_its_him t1_jac7j28 wrote on February 28, 2023 at 11:36 AM

Most "regular private schools" do not cost $60,000/year. Even in NYC.

There may be one or two that you are looking at the cost something close to that.

flowerinsta OP t1_jac7o5w wrote on February 28, 2023 at 11:38 AM

I have edited my comment to add that I only meant the good ones.

yes_its_him t1_jac7us4 wrote on February 28, 2023 at 11:40 AM

Good point. Probably those places that can only charge $40,000/year for tuition are no good.