Reply to If you remember the old days, was private school this expensive compared to HHI?

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[quote=Anonymous][quote=Anonymous]all these posts make it sound like there is a significant attrition rate for privates, is that the case?[/quote]

Not in my experience at my daughter's private. There's normal ebb and flow - some families move, some kids change schools at middle school or upper school, but it's a small amount. Fewer than 1 child/year left in her lower school career. Middle school looks similarly stable. As a data point, my daughter's last year in lower school cost ~120% what her first year cost.

I think private schools would do people a service if they showed prospective families what a student graduating "now" (the year of application) had paid for an entire career at that school, and indicate what percentage tuition increase occurs each year. I think both the $ amount and the percentage can be important; I think a lot of people underestimate how much percentage increases can work out to be. Seeing actual dollar amounts (e.g. tuition increasing from 25K to 32K over 6 years) might better allow them to determine long term affordability.[/quote]

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