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Private & Independent Schools
Reply to "Is private school the next bubble?"
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[quote=Anonymous]I don't understand this thread. Private school education is not a marketable asset in the way houses or stocks are, so the value does not fluctuate once you pay tuition. The only way this makes sense is if you think of all private schools as a bloated industry, and assume the industry is going to "crash" so that lots of schools go out of business all of a sudden because a large portion of the population suddenly and unexpectedly refuses to enroll, so the schools can no longer cover their fixed costs. But that seems highly unlikely, because even if OP is correct that tuition costs at some schools are too high, then the likely market response is for many schools to begin to compete on price by charging less. Now that I've written all that, I'm finally grasping I'm just taking OP too literally. OP doesn't really mean any of this; she's just putting the same old complaints about school tuition costs in a new wrapper. Nevermind my counter-rant.[/quote]
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