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Reply to "Boarding Schools Significantly Increasing Financial Aid"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]They want economic diversity so they are bringing in some poor kids. They'll end up with the same barbell distributions that private universities have, but now they'll have some poor kids and middle class kids to point to when people say they're elitist [/quote] It's interesting that a school like Deerfield will charge no more than 10% of income. Feel like there are lots of folks on DCUM lamenting no financial aid that maybe make $300k. I know it is a stretch to send your kids to boarding school, but maybe the calculation is different to spend $30k at Deerfield vs. $55k at Sidwell.[/quote] I’d make that trade in a microsecond[/quote] Not sure if I would...and moot point for my kids...but definitely is part of the discussion if my kid can attend an elite boarding school for $40k (it also has a good team in his sport...so added bonus) vs. paying $55k for a local DMV private. The other part of the article makes it seem like the sports at these schools are a combination of travel and school...so you are saving all the travel costs as well which can be significant. They specifically mention hockey which I know is expensive for travel.[/quote]
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