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Reply to "Will top privates ever put a cap on tuition?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Sidwell's tuition for 2015-16: Lower School $37,750 Middle and Upper Schools $37,750 And tuition is set to go even higher for next year, 2016-17. Meanwhile, one of L.A.'s "Big 3" (gr. 7-12) has already set the following tuition for 2016-17: Tuition $35,900 http://www.hw.com/admission/Affording-HW And another one of L.A.'s "Big 3" (a K-12) has already set the following tuition for 2016-2017. Note particularly the difference at the Primary/Elementary and Middle Schools level. Grades K-5 = $26,400 Grades 6-8 = $30,900 Grades 9-12 = $34,800 http://www.polytechnic.org/Page/Admission/Fees-and-Financial-Aid Los Angeles has a much greater concentration of wealth (both in absolute numbers, and in the amount of wealth) than the DC area, and is a more expensive area in which to live. [b] So I continue to be perplexed as to how DC IS's can justify these continued tuition increases year over year[/b].[/quote] Because it is a more educated city on average, and people here put a higher value on education, specifically prestigious education, versus LA. [/quote] Your analysis does not explain the difference in tuition between L.A.'s best private schools (higher cost of living, more wealth, but lower tuition) and those in D.C. (lower cost of living, less wealthy, but higher tuition). Washington, D.C. has a population of about 673,000 (https://en.wikipedia.org/wiki/Demographics_of_Washington,_D.C.). Fairfax County, VA, has a population of about 1,150,000 (http://www.census.gov/quickfacts/table/PST045215/51059,00). And Montgomery County, MD, has a population of about 1,050,000 million. (http://www.census.gov/quickfacts/table/PST045215/24031,51059,00). So approximately 2,825,000 people live in the immediate DC metro area, as defined by Washington, DC, Montgomery County, MD, and Fairfax County, VA. Additionally, Fairfax County, VA, and Montgomery County, MD, both have exceptionally strong public school alternatives to the Independent Schools. Los Angeles County alone has more than 10 million people (https://en.wikipedia.org/wiki/Los_Angeles_County,_California). Therefore L.A. County has more than 7 million more people living there, than live in the immediate DC metro area. So even accepting your assumption that D.C. "is a more educated city on average", there are still more educated people, as an absolute number, living in Los Angeles. And the public school alternatives in L.A., on average, are not as strong as the public schools alternatives here, and have to serve a much larger population. So with both a higher number of educated people, less competition from the public school alternatives, more wealth, and a higher cost of living, you would expect that the top L.A. private schools would be more expensive than those here in D.C. And yet, they are not.[/quote]
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