Homeschooling delivers a superior education that does not depend on owning pricey real estate in a rare, good school district. Break the two-income trap!
ROBERT H. FRANK An economics professor at the Johnson Graduate School of Management at Cornell University.
WHY do many middle-class families now struggle to get by on two paychecks, whereas most got by on just one back in the 1950s and ’60s?
The answer, according to “The Two-Income Trap,” by Elizabeth Warren and Amelia Warren Tyagi, is that many second paychecks today go toward financing a largely fruitless bidding war for homes in good school districts.
Parents naturally want to send their kids to good schools. But quality is relative. Because the best schools tend to be those serving expensive neighborhoods, parents must outbid 50 percent of other parents with the same goal just to send their children to a school of average quality.
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