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Reply to "St. Albans acceptance rate = 25 to 30%?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Your son still has to be really bright to get in, but it helps if he is really bright and you can afford 50K a year The subset of parents who can meet that standard for 2-3 kids is very small True, STA gives great FA but for the lower UMC with bright kids, it is increasingly SWW, Wilson or MOVE to NOVA[/quote] yes, we are one of those: very bright son, UMC professionals with HHI under $500K and we are exceedingly rare at the school. We often feel like we're in our own demographic category which is ridiculous, considering our income. [/quote] The Centennial Campaign was supposed to address rising tuition costs / fees. Hopefully STA will take the lead on reducing tuition, and that other DC schools will follow. Just over 20 years ago private schools were affordable for most and financial aid helped the remainder. (DC is probably a wealthier city today than it was back in the 80s and 90s, and tuition may reflect that. It was still culturally [i]southern[/i], very middle class overall but with some wealthy enclaves, and of course there was the political class. It also had the unfortunate moniker [i]mudrer capital[/i].) [/quote] Highly unlikely because too many families like the high tuition as a de facto barrier to entry. [/quote] There’s a little secret the big 3 schools don’t admit and that is that financial aid IS included into the budget and costs and the tuition therefore is paying for financial aid. Yes I have paid attention closely to the state of the school presentations and if you look closely you can see it clearly. I support financial aid but I think it should be paid for separately with different funds and not part of tuition. [/quote] This is true. The financial aid costs are folded into the total expenses. There are enough big donors that they should be able to make them separate than the actual coats of attending the school. I would not care if the tuition was not so high but unfortunately it is so high at all of the big 3 schools and middle class families are really feeling the squeeze. They make too much for aid but $250-$300k in dc is not much. After taxes etc it doesn’t leave much to pay $55k in tuition. [/quote]
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