My husband and I have been discussing if we should send kids to private Montessori elementary school. We live in a good school district with high test scores and involved families. However, I am totally a card-carrying member of the Cult of Montessori (former montessorian myself) and feel it's a more creative, engaging and just plain fun way for kids to learn. Who wouldn't want to spend lots of time outside, deciding what projects to pursue, planning field trip itineraries, have no testing, etc? It's not that they aren't doing great things at our public school, but it's just a different style.
However, the price tag is hard to swallow. We are currently saving about 30% of our income for retirement and 10% for their college. If we stuck with public schools, we could up the retirement savings number to 40% or put more into their college fund. Of course that is a big increase in savings. But my gut tells me we should go for the private school.
Any advice on how to decide if this is "worth it"? I'm so torn!
Also, I recognize there are other potential cons to paying for school, including but not limited to:
- What to do after elementary school? A bumpy transition to public school, or more private school? (and therefore greatly reduced retirement savings)
- What if one of us gets sick or isn't able to work? We would have a lot more money in the bank if we chose public school. I'm worried I'm shooting my future self in the foot by focusing on what I want for the kids right now.
If you're going to set aside money for private school but don't want to pay for all 12 years of it, do you think it's better spent in the early years when kids can be fostering that elusive 'lifelong love of learning' or later on, like middle and high school?
I know a lot of people are fans of homeschooling, and it does sound pretty awesome, but we would like to continue working for now.
thanks for any advice you have!