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Reply to "Sidwell tuition increase"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If the stock market has done so well lately, wouldn’t their endowment also do well? I don’t know how these things work so I am asking seriously. And if so, couldn’t they ramp back some of the tuition increase?. [/quote] Yes, they could. [/quote] But doesn't that wouldn't necessarily be a good idea. Eventually, there will be an economic downturn, in which case the endowment won't do well, tuition increases will hit families even harder than they do now, and need for financial aid will increase. Smart schools save the windfall they get from a strong economy to help them through those down times, then spend more to help families when the need is greatest.[/quote] So did they actually do that in the last downturn?[/quote]
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