Reply to What Schools are Considered 2T?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Just to add: the competitive pressure for TT/2T/3T private schools is much about what cool things the other schools are offering (STEM for example has been something they've been at each others' throats for for the last decade or so) than incremental tuition increases; nobody is picking Dalton over HM because it's $1k cheaper.[/quote]

This all makes sense. I know a lot of rich families go to these schools. It just seems that there is a price point where the kids get richer and dumber, with many dual income professional parents (doctors, attorneys who aren’t rainmakers) opting out for public school or the suburbs. Tuition cannot keep outpacing inflation forever without some change of student body composition. [/quote]

you aren't really look at the right comparison.  tuition increases versus inflation isn't the right metric

it's tuition increases versus senior knowledge worker income & equity market gains.

a upper middle class family with $3MM in investible assets - if their equity portfolio went up 15% or about $450k.  they will totally feel wealthy enough to pay the 4-6% tuition increase even if inflation is 3-4%[/quote]

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