There are a lot of terrible private schools out there. |
Cool. There are also a lot of great ones. What’s your point? |
| My daughter is at Holton, and we will be paying 60k next year. Given the cost, it’s upsetting that the Upper School girls have no real French teacher (after the mid year departure of the newly hired French teacher). I just don’t get it. |
When we started at K, we were told to expect 5% increases, priced it out, and are now grinning and bearing it. It is what it is unfortunately. Our daycare also had annual increases |
| If public schools were significantly better, there would be more competition and it would be harder to keep increasing the tuition above inflation. But that is not the case, so an annual increase of 4 to 6 percent will continue to be the norm in the years to come. |
You can't think of any other reasons? |
Ugh. I'm sorry, OP! |
Why these big jumps?! The difference between 2009 and today is insane! |
Also, new costs, and of course greed: technology etc, marketing, HOS’s increasingly from business backgrounds and hungry for as much money as possible, consultants, golf club memberships, way more administrators and directors of made up things (and assistants and friends). It’s worse at universities. Yale now has nearly as many admin as professors… |
|
I truly cannot wrap my head around paying this type of tuition K-12, and for multiple kids! I have some very affluent relatives and they opted to move to top public districts or save the private school for HS (and even that relative thinks it was a waste of money). You must really, really believe in the eliteness of private school if you do this and don’t have a massive trust fund. Because even at a considerable HHI, two private school tuitions are going to be a big chunk of your income.
|
Google “Veblen good.” The price does not reflect quality. |
It’s really hard to get into top private schools for 9th. That’s why families who were originally trying to be more frugal and wait *raises hand* end up starting earlier. And I’m grateful that DC doesn’t have to go through that high school process! We’re set through 12th |
Some case studies: The best school in the DMV is a public school. The best schools in NYC are public schools. But if you have the cash and your kid can’t get in or if you are afraid of minorities, then off to private school to buy some nice diplomas. |
The schools you’re talking about are high schools, with the exception of Hunter College elementary school. My kid’s private K-8 sends kids to magnet HS every year. But keep on going with your anti-private school delusions. |
Have you compared that to the price of milk or eggs 15 years ago? |