Happy with the local school system-public or private

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Dana and her husband Michael are not happy with the local school system- public or private. They decide that Michael will quit his accounting job and stay at home to "home-school" their two children, thus foregoing his $100,000 annual salary. Private schools in the area cost $15,000 per year and the couple is in the 35 percent marginal tax bracket. How should this affect their decision?

Reference no: EM133636650

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