My Kids’ Public School Is Going to Go Downhill. $450,000 Could Save Them.
A parent is facing a difficult decision regarding their children's education due to changes in their public school district. They are considering either moving to a better school district or enrolling their children in private school, both of which come with significant financial implications. The article discusses the pros and cons of each option, emphasizing the importance of stability and the long-term financial commitments involved.
- ▪The parent is considering moving to a better school district or sending their kids to private school due to changes in their current public school.
- ▪Buying a new house would significantly increase their monthly mortgage payments and reduce financial flexibility.
- ▪Private school tuition is expensive but offers predictable costs compared to the long-term financial commitment of a new mortgage.
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Pay Dirt My Kids’ Public School Is Going to Go Downhill. $450,000 Could Save Them. Advice by Kristin Wong June 03, 20266:00 AM Photo illustration by Slate. Photos by Getty Images Plus. Copy Link Share Share Comment Copy Link Share Share Comment Pay Dirt is Slate’s money advice column. Have a question? Send it to Kristin and Ilyce here. (It’s anonymous!) Dear Pay Dirt, My children have been going to a public city school for years. But the district has decided to change many things for the worse and our children will be forced out of the school that they currently go to (they just finished 5th and 2nd grade). One of the best school districts in the state is 15 minutes away, and we’re looking to either buy a house in that district or send the kids to private school.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Slate.
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