By 2032 the top privates will $75k a year

[Anonymous]

You're forgetting that a lot of people are getting financial help or will get substantial inheritances from their wealthy boomer parents. That's how our kids go to private school. There are a lot of boomers with serious assets who are footing the bill for their grandkids' education and will continue to do so.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I think that tuition inflation is an overall good thing. Parents will be choosier and demand more from their schools at that price point. Currently many private schools are a poor value. Very expensive with so so academics or facilities and no one is complaining.

Stop making this same point in every thread. Your understanding of this is like that of a toddler. The DMV private school market is already highly competitive without enough spots for interested families. Just look at the admissions rates which are often below 20%.

Yes, and with a very poor value for money.

[Anonymous]

Anonymous wrote:Our current tuition is 57k. Assuming a 4% tuition increase per year, it will cost $75k a year in just tuition by 2032.

How is this sustainable for the vast majority of people??

Have you seen the houses around here? Plenty of people can easily afford that tuition.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think that tuition inflation is an overall good thing. Parents will be choosier and demand more from their schools at that price point. Currently many private schools are a poor value. Very expensive with so so academics or facilities and no one is complaining.

Stop making this same point in every thread. Your understanding of this is like that of a toddler. The DMV private school market is already highly competitive without enough spots for interested families. Just look at the admissions rates which are often below 20%.

Yes, and with a very poor value for money.

That really depends on how much money you have. If you are searching for value, then just go public. You can't beat the value. Zero tuition.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think that tuition inflation is an overall good thing. Parents will be choosier and demand more from their schools at that price point. Currently many private schools are a poor value. Very expensive with so so academics or facilities and no one is complaining.

Stop making this same point in every thread. Your understanding of this is like that of a toddler. The DMV private school market is already highly competitive without enough spots for interested families. Just look at the admissions rates which are often below 20%.

Yes, and with a very poor value for money.

That really depends on how much money you have. If you are searching for value, then just go public. You can't beat the value. Zero tuition.

Another way to put it, avoid paying 60k for a service comparable to public.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think that tuition inflation is an overall good thing. Parents will be choosier and demand more from their schools at that price point. Currently many private schools are a poor value. Very expensive with so so academics or facilities and no one is complaining.

Stop making this same point in every thread. Your understanding of this is like that of a toddler. The DMV private school market is already highly competitive without enough spots for interested families. Just look at the admissions rates which are often below 20%.

Yes, and with a very poor value for money.

That really depends on how much money you have. If you are searching for value, then just go public. You can't beat the value. Zero tuition.

Another way to put it, avoid paying 60k for a service comparable to public.

You could say that, but you would be a total moron

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think that tuition inflation is an overall good thing. Parents will be choosier and demand more from their schools at that price point. Currently many private schools are a poor value. Very expensive with so so academics or facilities and no one is complaining.

Stop making this same point in every thread. Your understanding of this is like that of a toddler. The DMV private school market is already highly competitive without enough spots for interested families. Just look at the admissions rates which are often below 20%.

Yes, and with a very poor value for money.

That really depends on how much money you have. If you are searching for value, then just go public. You can't beat the value. Zero tuition.

Another way to put it, avoid paying 60k for a service comparable to public.

You could say that, but you would be a total moron

I can imagine that a middle class parent wasting money in a mediocre school would respond in that way.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Our current tuition is 57k. Assuming a 4% tuition increase per year, it will cost $75k a year in just tuition by 2032.

How is this sustainable for the vast majority of people??

Have you seen the houses around here? Plenty of people can easily afford that tuition.

Meh- I know plenty of people who can afford the expensive house OR the tuition, but not both. Think of how much mortgage two tuitions would buy.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think that tuition inflation is an overall good thing. Parents will be choosier and demand more from their schools at that price point. Currently many private schools are a poor value. Very expensive with so so academics or facilities and no one is complaining.

Stop making this same point in every thread. Your understanding of this is like that of a toddler. The DMV private school market is already highly competitive without enough spots for interested families. Just look at the admissions rates which are often below 20%.

Yes, and with a very poor value for money.

That really depends on how much money you have. If you are searching for value, then just go public. You can't beat the value. Zero tuition.

Another way to put it, avoid paying 60k for a service comparable to public.

You could say that, but you would be a total moron

I can imagine that a middle class parent wasting money in a mediocre school would respond in that way.

You must have a sad life.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I think that tuition inflation is an overall good thing. Parents will be choosier and demand more from their schools at that price point. Currently many private schools are a poor value. Very expensive with so so academics or facilities and no one is complaining.

Stop making this same point in every thread. Your understanding of this is like that of a toddler. The DMV private school market is already highly competitive without enough spots for interested families. Just look at the admissions rates which are often below 20%.

Yes, and with a very poor value for money.

That really depends on how much money you have. If you are searching for value, then just go public. You can't beat the value. Zero tuition.

Another way to put it, avoid paying 60k for a service comparable to public.

You could say that, but you would be a total moron

I can imagine that a middle class parent wasting money in a mediocre school would respond in that way.

You must have a sad life.

Somehow I am not surprised that this is a private school parent.

[Anonymous]

Anonymous wrote:Our current tuition is 57k. Assuming a 4% tuition increase per year, it will cost $75k a year in just tuition by 2032.

How is this sustainable for the vast majority of people??

That is just inflation. Salaries, even civil service salaries, will also get inflated over time. Many families in the most expensive local privates already have either two high earners or inherited wealth.

[Anonymous]

I graduated from one of the top local private schools in 1990. That year tuition was $9500. This year same school almost $58,000. In the same amount of time SLACs increased from around $20,000 to around $85,000. In most industries salaries did not increase at anywhere near this rate. Paying these tuitions is for the uber wealthy.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Our current tuition is 57k. Assuming a 4% tuition increase per year, it will cost $75k a year in just tuition by 2032.

How is this sustainable for the vast majority of people??

That is just inflation. Salaries, even civil service salaries, will also get inflated over time. Many families in the most expensive local privates already have either two high earners or inherited wealth.

Tuition inflation is greater than wage inflation. Always.

[Anonymous]

Anonymous wrote:I think that tuition inflation is an overall good thing. Parents will be choosier and demand more from their schools at that price point. Currently many private schools are a poor value. Very expensive with so so academics or facilities and no one is complaining.

You don't seem to understand school finances. Tuition is rising partly to keep up with cost of living for its faculty and staff. But also because parents want more programs, fancier facilities with high tech fields and labs, glossier and daily communications, and more counselors, college advisors, trainers, coaches, etc. Helicopter parents expect same-day responses and explanations to any random question, instead of trusting teacher/student communications. If we could focus more on just qualify teaching, maybe tuition wouldn't be sky-rocketing.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I think that tuition inflation is an overall good thing. Parents will be choosier and demand more from their schools at that price point. Currently many private schools are a poor value. Very expensive with so so academics or facilities and no one is complaining.

You don't seem to understand school finances. Tuition is rising partly to keep up with cost of living for its faculty and staff. But also because parents want more programs, fancier facilities with high tech fields and labs, glossier and daily communications, and more counselors, college advisors, trainers, coaches, etc. Helicopter parents expect same-day responses and explanations to any random question, instead of trusting teacher/student communications. If we could focus more on just qualify teaching, maybe tuition wouldn't be sky-rocketing.

Well, I see tuition raising in most schools with programas more or less stable over time. I do see more admin staff, higher salary for hos, and more expenses in terms of healthcare. Not better facilities or improvements in academic programs.