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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Don’t sign contracts if you can’t pay your bills.[/quote]

Don't buy luxury BMWs if you can’t pay your bills.

Don't apply for luxury private schools if you can’t pay your bills.[/quote]

Wrong, because these businesses are not asking you to pay the day you receive your service. They are forcing you to lock into a very expensive contract SEVERAL MONTHS before the service starts, which increases the risk that the customer has a change in their economic resource - job loss being the most common - and then they are forcing you to agree to pay for the WHOLE length of service, which is a great length of time.

This is nothing like buying an item in a one-and-done deal.

[b]The whole private school financial ecosystem is EXPLOITATIVE in the extreme.[/b] They get away with it because it's not a financially regulated industry, and parents hesitate to put up a fight because they feel their children's education are at play, and schools often become their social sphere. The problem on the school side is that demand and retention is hard to predict and manage, and most school administrators are not savvy financial managers. So they err on the side of extreme financial duress, because they can, instead of making the effort of thinking through more socially acceptable and humane options.

[/quote]

It is a completely voluntary ecosystem. It cannot be exploitive if families are wanting in without coercion.
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