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Private & Independent Schools
Reply to "How do you conclude that priate school provided better service?"
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[quote=Anonymous]OP, it's going to be hard to find clear empirical evidence, because it's too easy to discount the many arenas in which private school students excel more than public school counterparts by claiming their successes are the result of high SES and strong family relationships. How about this for empirical evidence?: There are hundreds of really smart parents in DC and elsewhere who are willing to spend $20k+ per child to send them to private schools. And many other families are clamoring to get their kids admitted or obtain financial aid to send kids to private school. And there is fairly little attrition from most top private schools. These are informed consumers. So whatever the attraction might be, the market data suggests those private schools are worth their current pricetag because that's what people are willing to pay. If the price increased and applications dropped off, or quality of applicants diminished, then that would signal they are not worth the money at the higher price. But until then, the Invisible Hand suggests they are worth the price tag.[/quote]
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