Reply to Fewer Public School Applicants for 9th

Forum Index » Private & Independent Schools

Reply to "Fewer Public School Applicants for 9th"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][b]There are still plenty of families in DC who can afford private schools without blinking.[/b]  Why do you think the real estate market here is still so strong?  My guess is actually simpler, public schools frown on absences.  Those applicants are more likely to schedule tours and interviews on days when DCPS or MCPS are closed.[/quote]

I don't think so. There are a lot using credit cards, equity lines, family help, etc. One family emergency and it's a wrap. There will be a tipping point and people will just stop paying and donating.[/quote]

This an interesting thing to consider. 
We make $400-450K and have several kids at Big3 schools and we are some of the only people we know in this income bracket at either school.  We came from public and know countless families around this bracket with kids in public schools: DCPS, MCPS, FCPS. 
The under $500K HHI bracket (like us) will pull out of private if tuition escalates or never send their kids in the first place.  It just doesn't make sense at some point.

The 500K and up bracket at our privates (and in most cases the HHI is FAR above $500K) is at least half the families in these schools and these people don't worry about tuition increases.  I mean, they may be annoyed by an increase but $55K vs. $50K (or even 85K vs $50K--if it comes to that in 10 years) is really nothing at all.
[b]So the question really is, what is your pool of families with household incomes above $500K that have young children or older children who are currently using public?  This (broadly speaking--with some outliers) are your potential applicants.   [/b][/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics