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Started By
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re: Private School percentage of gross income?
Posted on 12/8/24 at 9:10 pm to JL
Posted on 12/8/24 at 9:10 pm to JL
At its height, with 3 kids at a very expensive private school, it was 14% of our gross income. But we did not sacrifice our retirement. We sacrificed things like country club memberships and second homes. It was worth it to us.
1
Posted on 12/8/24 at 9:49 pm to vistajay
quote:
At its height, with 3 kids at a very expensive private school, it was 14% of our gross income. But we did not sacrifice our retirement. We sacrificed things like country club memberships and second homes. It was worth it to us.
Similar for us. Glad we could do it for our kids.
Posted on 12/9/24 at 7:04 am to Billy Blanks
Same but our 3 - back in the day - in Wichita Falls. The few privates are not parochial - there was one but no longer.
Posted on 12/9/24 at 8:09 am to JL
How much are you making that you can pay 1% of gross for tuition? That’s either extremely cheap or you make a ton
Posted on 12/9/24 at 8:16 am to Motownsix
quote:
an expensive Catholic school in Baton Rouge costs less than $15k.
K-8
High schools are much more now
Posted on 12/9/24 at 10:00 am to Upperdecker
quote:
K-8 High schools are much more now
Catholic HS in BRLA lists its 2024-2025 tuition on its website at under $14k. St Joseph’s Academy is $13k. Are there religious schools that cost more in the area?
That seems about on par for religious schools, but ridiculously cheap compared to private schools.
Posted on 12/9/24 at 10:03 am to JL
if you want the best then home school them.
Posted on 12/9/24 at 10:47 am to JL
If you're making that much money what does 200k really change your life in the next 10-12 years. Not much. Do it and don't look back.
This post was edited on 12/9/24 at 10:48 am
Posted on 12/9/24 at 1:51 pm to JL
12.5% here.
Metairie, LA.
Metairie, LA.
Posted on 12/9/24 at 2:12 pm to JL
My kids went to private school k-8 in Houston ( St. Vincent Depaul) and public school for high school. It was worth the money. They were high achievers in big public high schools. They learn how to work really hard at at early age. Public elementary schools don't push you to work harder.
Posted on 12/10/24 at 12:28 am to TigerSaintInDallas
Actually look at scholarship rates and you may be able to drop the 529.
I feel like I'm getting off cheap, I pay not too much more than that for both of my kids.
quote:
Catholic HS in BRLA lists its 2024-2025 tuition on its website at under $14k. St Joseph’s Academy is $13k.
I feel like I'm getting off cheap, I pay not too much more than that for both of my kids.
This post was edited on 12/10/24 at 12:33 am
Posted on 12/10/24 at 3:31 am to LSUSkip
That’s base tuition for Catholic and St Joe’s but by the time you add in all the fees, it’s about 15k.
Episcopal and Dunham are both in the 20s I’m pretty sure.
Episcopal and Dunham are both in the 20s I’m pretty sure.
Posted on 12/10/24 at 6:02 am to LSU1018
I pay right about 15 for both of mine. Not HS though.
Posted on 12/11/24 at 2:57 pm to JL
I send my kids to a good Catholic school in Houston, probably one of the ones your considering. Many have a strong Louisiana contingency and we've been very happy thus far. Just remember to apply early, the application process is very competitive post-COVID.
For what its worth, several friends of mine went to top private schools in Houston and could to send their kids to any private school in town. But they choose to send their kids to our Catholic school because the families seem more normal.
Good luck
For what its worth, several friends of mine went to top private schools in Houston and could to send their kids to any private school in town. But they choose to send their kids to our Catholic school because the families seem more normal.
Good luck
Posted on 12/11/24 at 4:06 pm to Lsut81
quote:
Haven't sen that cheap in H-town.
But congrats on the multi-million a year income
I know that Strake Jesuit in Houston was about $20k like 15 years ago. I'm sure it's pushing $20k now...
This post was edited on 12/11/24 at 4:06 pm
Posted on 12/13/24 at 12:23 pm to JL
If there is a classical private school anywhere nearby...check it out. There is an advantage to their Socratic method of teaching. My son started Latin in 3rd grade and Greek in 10th. His small private classical school really prepared him for college by requiring him to do difficult things.
Posted on 12/13/24 at 12:50 pm to TigerTatorTots
quote:
Holy hell. I don't think there is a private school in St Tammany that costs that much
Inner loop Houston
quote:
2024-2025
The average tuition for the 2024-2025 school year is $26,896 per child, which is a 5% increase from the previous year. Tuition costs vary by grade, with kindergarten costing $22,379, sixth grade costing $25,251, and twelfth grade costing $28,853
Posted on 12/13/24 at 2:48 pm to JL
My wife and I pay $15k for elementary and $18k for middle school in Baton Rouge.
This post was edited on 12/13/24 at 2:54 pm
Posted on 12/13/24 at 8:13 pm to lynxcat
quote:
12% seems cheap for three kids. I’m accustomed to private schools being $30K+ in my area per kid.
This dude is making $600k asking the MT if 12% of that is worth sending his kids to private schools.
Paying 10-15% of your $600k is much different than 10-15% of your $100k. Unless you’re just being stupid with the money. Which is possible for Houston trying to keep up with Joneses.
This post was edited on 12/13/24 at 8:14 pm
Posted on 12/13/24 at 9:14 pm to Dupont3
Well, that's the entire cost of a useless college degree, or downpayments on two nice starter houses. For what value? Nigerians can go to the exact same school as "natives" in Alief in Houston, one group gets scholarships to A&M and become accountants or work in IT or finance, and the other pulls an Arik Gilbert if they even graduate.
Same school. And don't think private school kids aren't sexting, sending illegal pictures, or doing drugs, they're just doing more expensive drugs and taking pictures of their boobs with more expensive phones.
Same school. And don't think private school kids aren't sexting, sending illegal pictures, or doing drugs, they're just doing more expensive drugs and taking pictures of their boobs with more expensive phones.
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