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Reply to "Question on High Tuition…"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]In reality probably makes sense to raise tuition faster than income to make the school more exclusive. If you want to cater to the richest families makes sense to keep raising tuition. Now the question for other families is if they want this. Maybe they want it and everybody is happy. Expensive school for exclusive communities. Not bad.[/quote] This is a big factor. Schools will charge as much as they can because they know wealthy people will pay to be part of a community seen as exclusive. Schools that keep tuition lower to serve a wider community are looked down upon despite achieving the more diverse community the expensive schools say they want. It’s simply rich people wanting a place where they are only with other rich people. [/quote] Agree. It’s a bit puzzling why they push for the inclusiveness pitch when in fact they are conventional elite schools. In my view it’s very bizarre. [/quote]
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