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Private & Independent Schools
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Friendly question: What is the rationale for doubling tuition over the span of 15 years? Is it simply that people have the ability to pay and they are profit maximizing? Or is it truly that they provide an incredible lifetime network and or access to the top universities that people from great Publix just don’t have anymore?[/quote] Demand and supply. There is not much magic about this. There is a huge demand for schools with a low students teacher ratio, and as long people are willing to pay for it they will continue raising tuition. It is the same phenomenon as in colleges. Also it seems that the quality of public school is deteriorating so some people are willing to pay for avoiding the experience of public schools. But this is a general trend for most private schools. [/quote] There are many schools with low student-teacher ratios that are cheaper, including Catholic schools, Waldorf schools, and other smaller private schools. [/quote] Catholic diocese schools are cheaper because they’re subsidized by the church. [/quote] Yes, what is so great about these $60K schools? Are they really suprior than the cheaper ones? [/quote] Why don’t you actually go visit one and see for yourself[/quote] I went. Honestly, not sure. Is college admission slightly better? Fancy campus. Not sure if it is worth $60K. [/quote] It has been disappointing touring schools this season. The very expensive Big3+ schools all have a beautiful, safe campus, high-quality facilities, well-spoken students, and very nice cars in the carpool. Perhaps most parents have beautiful big houses. But, somehow, the education is superior. What is really lacking is a thoughtful core curriculum and systematic cultivation of creativity and intellectual curiosity. The offerings in the arts, foreign languages, and sports are definitely better. But I am not sure if it is worth $60k. But maybe it is just the reality. [/quote]
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