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Private school versus public school from a financial standpoint.

Let's talk about this because I saw this on CNBC.

I thought it was pretty interesting because the average price of public school in New York City, what do you think it is?

A public school?

I mean private school, private school. The average price of private school in New York City. What do you think of it? I probably got to be, what, 30 grand a year? $70,000 a year. Wait, Rashad time out. You still stay there? My boy. TV timeout. What? That's what's happening. That's happening happening in new york the new york new york city

greater new york city area the average price for a high a higher level private school not

catholic school not private school like an elite private school an elite private school the average

price is 70 thousand,000 a year.

That's worth it, though. You can afford it. Okay, is it worth it, though? Because that was the thing. So CNBC said, okay, they brought up the thing if you invest the money. And they did it, they did it to age 50, but I did the calculation, even if you do it to age 30, right? let's say you put $70,000 away and then for four years and then you just let that, that grows for 12% a year. And then you don't put

any more money away, then you let it grow, then you let it sit for another 12 years. So by the time

the child is 30 years old, right? So by the time of child, 30 years old, they'll have $1.3 million

with the

price that you would have paid for the private school. So it's pros and cons for this private

school situation. Definitely trade off. And I think I can speak about this because I went to

public and private school and I have my son who went to public and private school.

It's tricky as a parent because on one hand, public schools are very segregated, which is ironic.

We can go down this rabbit hole if you want, but they say like from the Brown versus the Board of Education desegregated the public school district in America.

Legally, but not actually.

And it's even more segregated now than it was then.

And I know this from even from the public school that I went to.

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