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Private & Independent Schools
Reply to "Is private school the next bubble?"
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[quote=Anonymous]It has occurred to me. Consider: it's a commodity that people pay increasing amounts for; whose value no one questions because it has always provided good returns (to children's futures) in the past; that people believe is a fundamentally good investment despite some indications that they could do as well without it; that people keep signing onto for fear that if they don't sign onto it then they (their children) will have missed their chance; for which people are willing to go into significant debt. It does sound a little like the housing market in 2005. What would a "crash" look like, though? Like kids not getting into good colleges, or not coming out well educated, or what?[/quote]
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