Reply to When will Private Schools' bubble burst ?

Forum Index » Private & Independent Schools

Reply to "When will Private Schools' bubble burst ?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]Top 3-5, never. Salaries have gone up, up, up in the DC area last 10 years. (NY Times magazine, March 2013). Other schools may be in trouble as those rich folks tend to live in the closer in neighborhoods.
[/quote]

This. There will always be enough high-income families to pay $35K tuition at a top private, barring global financial meltdown. It's the second and third tier schools that may struggle as more and more families, even very high income families that weren't accepted at the top privates, begin to question whether the lower-tier private is $35K *better* than the neighborhood public. Some will still see an advantage to private (especially cheaper parochial) but some lower tier privates may struggle.

To me, the families who have already been priced out are the ones on the other thread who are struggling to pay tuition and, I strongly suspect, not saving for college or retirement. These families don't realize they have already been priced out.

The college bubble is fascinating I think. We're looking at paying $60K next year. But will our DCs be the last to spend 4 years in a dorm before MOOCS (online learning) resolves some of the problems re testing and grading, and college becomes cheaper.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics