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Reply to "Will top privates ever put a cap on tuition?"
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[quote=Anonymous][quote=Anonymous]It's not just the 1% that 'demands" these facilities. There are FA kids who are in high demand who have choices as well, and they want great music/theater/athletic facilities to spend their 4-6-8 years.[/quote] Well this makes me feel guilty. My DC is on FA, and if I am honest we where persuaded by the school with the nicer facilities and consequently the higher price tag. However, we were advised to go after those "type" of schools because they had a better FA budget and we would stand a better chance of getting the award we needed to make attending affordable. Our admission results reflected this. We were admitted to three schools and received no aid from one (price tag btwn $24-$26K), received $4,000 (price tag $24-$26K), received $18K (price tag $36K). It makes me sad that so many hard working, high earning income people are priced out of the market. I consider myself one of them, and one of the few who got lucky to get FA. I guess I never considered that even though we are on FA we are contributing to private schools feeling the demand to offer over and above in terms of faculties and such that it's so expensive. I just never equated the same principal to private school but that's exactly how I feel about my undergrad. When I attended it was $27K and it's not teetering at close to $60K. The last time I visited I was amazed and appalled at the same time. All of the old style water fountains had been replaced with state of the art water machines with built in filters. Wi-Fi was available for free on the entire campus. The student center rivaled the lobbies of 5 star hotels. Maybe the Wi-Fi access is necessary but the other stuff doesn't add to the value of an education, just provided a cushy temporary living environment. Where is the balance? I don't know. I don't even know how to no longer be a part of the problem. Of course taking my DC out isn't an option. I won't make the naive decision to not provide them a good education and I do think their current school is the best learning environment for them. But maybe I'll pay closer attention to how money is being spent on surplus items that don't contribute to a better education and speak up. *sigh* [/quote]
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