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Private & Independent Schools
Reply to "When will Private Schools' bubble burst ?"
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[quote=Anonymous][quote=Anonymous]As most people on this forum are keenly aware, Private school tuition has climbed from 24K in 2006 to 35K-40K a year in 2013 ( nearly doubled in the last 6 years) . Many upper middle class families with incomes in 250K to 350K range feel priced out, particularly if they have 3 kids. My question: are these schools using this money wisely ? Have the schools started to hit a tuition figure of diminishing return ( its so high they have to give more and more FA, to get the families they need/want) Why not just charge less, and give less FA ? Is FA REALLY where this money is going in these "non-profits". [b]Something smells. I sense a bubble about to burst and last time I felt that way was 2005, 2006.[/b][/quote] If the last time you felt this way was 2006, and tuitions have now doubled with applications going up, perhaps your analysis is off...[/quote]
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