Hi Fellow Consulting Dads,

First gen immigrant dad here who grew up poor in a third world country but is only here because my parents valued and prioritized my education above their comforts. Obviously I want my kid (an American) to have the best opportunities possible and not have to struggle the way I had to all my life. Our current HHI is 175k base in a LCOL midwestern city.

This context for where my question is coming from. Contd in comments:

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I would say it’s probably not important to send your kid to the most expensive preK. I would prioritize convenience of location and schedule as well as how it fits with your parenting approach over prestige. PreK is all about basics and social skills. We liked Montessori but there’s different programs for different needs.
On public v private, this is very district and school specific so you’ll probably want to look up the school ratings and info and make the call that way.

On applying for college, it’s hard to say what college will look like down the road that far if you are currently in the pre K phase, but I’d say to make sure your kid is trying a variety of activities through school and park district, enrich their lives with lots of family time like games, hikes, trips where you can to build their curiosity and problem solving, and just support whatever they get into… most of us just want our kids to be happy, so just helping them see what makes them happy, learn how to be good humans, and enjoy time together is sort of our approach.
Last thing I’ll say is that in many places, parenting is basically a competitive sport with lots of pressure to get your kid on club sport teams or certain programs or whatever. I get it - we all want the best for our kids and it’s tempting to keep adding more to their plates. Pre-pandemic we were running to activities every night, spending no time together, sports things all weekend, and so on. Nothing wrong with that if your family enjoys that but I’m sort of glad for the slow down we’ve felt and although we are getting back to normal, we are going to find a better balance and hope that serves them well…

uplifting

Put them in public school and have good tutors fill the gap. No need to go pvt upto elementary. Save money on Pre-K. 20k is not gonna make them more smarter.

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- How important is it to send my 2.5 year old to the most expensive private pre-KG school in the city? Fees are like ~20k a year.

- Private vs public schooling. What advantages do Private schools in US hold in general over the public schooling system? Fees here are ~25k a year. Do they provide more opportunities and more importantly do they shape a kid’s structure and culture better?

- Just out of curiosity, what things/pitfalls we should look out for during their school years that doesn’t come back to bite them when they apply for uni?

- Any other tips that would help us set our kids up better for success and happiness in life?

I assure you we’re not helicopter or tiger parents. Just ignorant in the ways American life works during the ages of 0-21.

Low cost midwestern city = a Des Moines or Milwaukee? Or a chicago? Or something smaller than either, like a Peoria?

I’d look at how well kids place out of public schools to get a sense - if results are dismal, might be nice to get on the private school route.

There’s also a big difference between expensive preschool and the tier down - the goal of a $20k preschool would be to get into the TOP kindergarten, high school etc…. Otherwise probably a bit overkill.

More on the Des Moines/Milwaukee part of scale.

There’s a public high school thats rated #1 in the state and does decent (like 6-10 T5 admits every year) but they only accept 1 out of 3 applicants and don’t have any feeder schools (a concept I don’t yet fully understand).

There’s also a public elementary school that we like and it doesn’t care about the preschool but they do a lottery based admit as well so no guarantees.

Other than these two most other public schools are like 6-7/10 which is not that bad but meh

How many kids do you plan to have? The cost per year will rise as the kids get to private middle and high school… and then college. If you have multiple kids, $50k x 2 or 3 may not be feasible.

Exactly. We’ll maybe probably plan for one more but thats it. Even so, the Q is do we drop ~25k a year now or save it for their college bc it will become a mil by the time they are ready for college

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