Reply to Lets suppose I want to take my family to a fancy dinner

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[quote=Anonymous][quote=Anonymous]OP, I agree with you.  FA should be covered by annual giving and the auction.  We shouldn't be required to cover it with our increased tuition.  What that does is drive out the middle & upper middle classes bc tuition has now reached the point of being unaffordable for all most but the wealthy in order to subsidize those with low HHI.  
[/quote]

Tuition increases are not necessarily tied to FA.  I used to work for a private and guess what?  Like any other business, they have to keep pace with inflation in terms of costs - energy, supplies, maintenance, wages, health care, etc.  I assume you want your child attending a school that has nice facilities, extracurriculars, field trips, enrichment and happy, well-trained and educated teachers, right?  Well, that costs money.

If you don't like it, as one PP suggested you can always take the money you are spending on tuition and shift it to your mortgage by moving to a fancier suburb with top of the line public schools.  Either you're paying for the best through increased taxes and a higher mortgage or through tuition.  Your choice.  [/quote]

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