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Reply to "will St Albans tuition continue to rise 3K every year?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous] This is true. Private schools have never been this expensive even adjusted for inflation. Back in the day plenty of government workers sent their kids to Cathedral schools and Sidwell etc. [/quote] Back in which day?[/quote] NP: private school tuition has increased faster than inflation (and faster than government salaries). In real terms, tuition is 2x as much as it was 30 years ago.[/quote] I was disappointed to read in the Vanderbilt study (cited above) that independent schools believe that they cannot limit tuition increases to the rate of inflation. They feel like their programs and value proposition will slip if they do. That comes as a disappointment to me because, with an income of $400,000, we are barely able to afford 2 tuitions as it is. We will genuinely be priced out if tuition goes up rapidly each year. (Our kids are in 7th and 9th grades, and so we prefer not to move them.) I guess that the schools do not really care if they price people out because they need to do it to maintain their "value position." I've noticed that, at our kids' schools, there are students who leave every years for financial reasons. [/quote]
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