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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]But why is the case tuition is very similar across private schools in dc. Same average cost. Not sure.[/quote]

Have you ever noticed that Mercedes BMW and Lexus all have cars in a very similar price range.? Why is it that Honda Toyota and Nissan are all in the same price category?  Is this legal?
[/quote]

When you buy a Mercedes you don’t pay over 12 years and at the third year the price starts rising like crazy. Again. Private education is not like buying blue jeans. [/quote]

On the contrary, what your jeans and your Mercedes and your private school have in common is they are all subject to the free market, and they are also subject to the very real cost of providing that product.   In the case of a school, they all have to pay approximately the same salary to each of their teachers that a competing school will have to pay.  There is a cost per square foot for real estate that is fairly consistent. And when school A wants to raise their tuition to 58k to cover their expenses, but they notice that school B is getting the job done for 54k, school A just might think twice and go to 56k which appears really close to the tuition from the other school.   This is all free market stuff.[/quote]

Yes. They are in the free market except that they don’t pay taxes like any normal corporation and they could pass those savings to the parents via lower tuition. Am I missing something? [/quote]

You are missing a great many things.  Too many to enumerate.  [/quote]

Such as?…..[/quote]

NP here.

Every independent school sets tuition lower than the actual cost to educate each child

Independent schools receive no funding from the government. Older schools have a huge leg up because they have more alumni and more generations of family wealth to draw from. Just for example:

Sidwell, founded in 1883 $81.1 million
Maret, founded in 1911, $50 million
NCS, founded in 1900, $40 million

That's not the situation at most schools. Most are trying to balance a budget, meet the significant expectations of parents, and retain faculty. And all of this while jobs are disappearing and we're in a global trade war.[/quote]

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