Reply to Private School for Middle Class income (middle class in DC terms)?

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[quote=Anonymous][quote=Anonymous]What the private schools has simply done is priced themselves so that only the top 5% maybe can afford to pay full freight.  The schools then raise money to fund FA programs for lower income students, which is great obviously.  These schools face 2 choices.  First, they can continue to hike tuition.  As tuition goes up, the percentage that can pay full freight gets smaller, the need for FA increases, the fundraising pressure increases on the decreasing percentage that can contribute significantly.   These schools end up with only the top 1% at most paying full freight, with a few lower income kids.  Or, second, these schools can get control of their expenses and program creep attitudes, and reduce tuition.  By doing so, maybe the top 20% can pay full freight, which broadens the full paying applicant pool.[/quote]

My DC attends a Big 3 school. Only about 26% of families get any FA, the remaining 74% are paying full and that is at 30K a year. Your numbers are way off.[/quote]

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