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Private & Independent Schools
Reply to "When will Private Schools' bubble burst ?"
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[quote=Anonymous][quote=Anonymous]This is directed at the 20:03 post, to be clear. I am reposting because I think maybe the difference between the concept of "doubling" and an "increase of 50%" explains some of your posts: You've been given numerous examples that show your "tuition nearly doubling in last 6 years" statement is just off. "Nearly doubling" would be an increase of close to 100%. Obviously that is not the case, as the posted Sidwell and St. Albans examples demonstrate. (I don't think you actually read the posts that contradict yours -- it is the only explanation.) Now, is it possible that you are trying to say that in the last six years "tuition has nearly increased by 50%"? That's different from "doubling," but I could sort of see your confusion if that's what you were thinking. You'd still be a little off on your timeline, but if St. Albans was $26,000 in 2006, a 50% increase is $39,000 which is close to what the 2013-2014 tuition will be (I've heard it is a 3.5% increase for next year but it might be 4%). So that would be an increase by "nearly 50%" in seven years, which IS DEFINITELY A LOT! (But it's not "doubling.") [/quote] Maybe that poster is thinking of the phrase "increased by half again" (which I think is used in the UK more than here), meaning 50%, but is saying "doubling" instead.[/quote]
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