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Reply to "How much does the economy affect private school admissions?"
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[quote=Anonymous]I don't know about this area, but the Great Financial Crisis killed private schools in the Philadelphia Area, where I grew up, and which historically has very high rates of private school attendance. Whereas in many areas, private schools are reserved for the affluent, lower cost independent schools were much more common around there. Schools went from four classes per grade down to one, and enrollment tanked. Many schools closed. Because of the k-shaped economy, my guess is the schools hardest hit will be the lower cost ones more populated by the middle to upper-middle class or those that have extremely high percentages of students on aid (50%+). [/quote]
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