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[quote=Anonymous][quote=Anonymous]Since my child joined a private school, I’ve noticed a consistent pattern: every year, tuition increases by several percentage points more than my salary. Over time, this gap has widened to the point where the financial pressure no longer feels justified. Starting this year, I’ve made a simple decision. I’ll continue volunteering my time to support the school community, but I will only donate $1 to fundraising efforts. I’ll reconsider that position once tuition increases start to fall below the rate of my own wage growth. I’m 100 percent confident this is the ethical choice. Private schools are already granted significant tax exemptions and operate with far more financial flexibility than most families. If they choose to increase costs faster than the income of the people paying them, they can’t expect those same families to contribute even more beyond tuition. Volunteering is a meaningful form of support, and for now, that will be the main way I give back.[/quote] I hate to tell you, but private school tuition increases ALWAYS happen every year. I think there might have been one year during COVID when they didn't, but otherwise they've always increased around 3% a year. It sounds as though private might not be a good choice for you, especially considering the cost to educate your child is in fact more than the tuition you pay. Ask any financial aid officer at your school. There's a gap that funds such as the annual fund help to cover.[/quote]
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