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Reply to "Is your private having another tuition increase?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]While there is clearly a wide range of incomes, I would guess that the typical non-financial aid family at one of the selective private schools earns at least $3-400k/year. So a 3% COLA is $9-12k - plenty to cover an addition $1-2k for tuition. [b]Obviously families making half of that will have a harder time if they don't get financial aid,[/b] [b]but there are very few families in that income range. [/b]Until there are more slots than applicants, there will be plenty of families lining up to pay tuition. [/quote] [b]Think you are a little clueless.[/b] Pretty tough to get FA if you are making $200k per year. Many people are not getting COLA's or any raise at all. ( I have not in 2 years) That is why the continuing 3-4% really hurts. Yes many businesses have costs but what business has seen their costs rise by 40% over 10 years ( a 4% increase every year for 10 years) except maybe for health care? I suspect if that was the case they would not be able to stay in business,[/quote] You misundertood PP. No need for the snarkiness.[/quote]
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