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[quote=Anonymous]Yes, but it's not the board members' or administrators' money either. It's like politicians and government funds -- they spend OPM in ways that they'd never spend their own funds. That's not illegal, it's not always wrong (e.g. collective goals or long-term stewardship may argue for investments that seem economically irrational), but it does open the door for the pursuit of individual interests that may be distinct from institutional interests. At which point, yes, parents have the option of retreating into consumerist mode. And/or, fairly quickly, disgruntled parents will be replaced by parents who are down with the plan, as some families opt or age out and others opt in with a different set of expectations.[/quote]
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