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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]As most people on this forum are keenly aware, Private school tuition has climbed from 24K in 2006 to 35K-40K a year in 2013 ( nearly doubled in the last 6 years) . Many upper middle class families  with incomes in 250K to 350K range feel priced out, particularly if they have 3 kids.

My question: are these schools using this money wisely ? Have the schools started to hit a tuition figure of diminishing return ( its so high they have to give more and more FA, to get the families they need/want) Why not just charge less, and give less FA ?

Is FA REALLY where this money is going in these "non-profits".

Something smells. I sense a bubble about to burst and last time I felt that way was 2005, 2006.[/quote]

Families earning between $250k-$350k who also have 3 kids? Such a highly specific and narrow group that you are focused on.[/quote]

No, not a " highly specific group" at all. Those income figures and family size are pretty much the bracket for most of the families in private schools and are the bulk of what is considered " upper middle class" in this town or did you not hear the whining when the tax hike on HHI of 250K or higher was being debated. Seems that it was kicked up to only hike taxes on HHI 450K or higher. Did you have no take away from that debate ?[/quote]

It's not the income fact - but the THREE KIDS fact that raised my eyebrow.  I know many people in the $250K HHI (and less) and many people in the $400K HHI (and over).  Some have three kids, but that is not the most common.  And the difference between having 2 kids and having 3 kids is substantial.[/quote]

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