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Private & Independent Schools
Reply to "Is your school “too generous”"
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[quote=Anonymous][quote=Anonymous]I think it's in poor taste for you to blame a school's financial situation on financial aid. Why don't you have a look at the annual report and Form 990 and see what you think of their executive compensation, for example. Financial troubles can come from all sorts of places, such as weak fundraising, costly facility issues, having a top-heavy staff, having to pay a legal settlement, an ill-considered building project or relocation, and poor management of the endowment or a recession harming returns. As others have pointed out, the aid is there in part to make the school attractive to desirable candidates. It's a competitive market for the brightest and most talented kids. You can't fill up a school with full-pay kids and have the same academic and athletic outcomes.[/quote] Not bad taste at all. It’s expensive and appreciate value for money like anyone else. [/quote]
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