Reply to What is even the point of private schools?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Maybe a better question is, is private school worth $50-60k compared to maybe hiring a tutor for your kid.

And the answer, as any economist who has ever run an optimization problem knows, depends on your budget and what you're looking for (what goes into your "demand" curve).

Do you have a spare $120k for two kids and you won't really notice it's gone? Or does sending your kid to private school mean you're not funding your retirement or their 529 account? If the latter, go public.

Then there's the demand side. Given that we've decided that private school no longer gets your kid into Yale, what else are people looking for in a private school? If it's learning how to capitalize (which is nonsense, so let's say it's learning how to write essays, although publics do teach that too), a tutor can teach your kid that for a fraction of the cost. The answer also depends on non-quantifiable things that go into the demand curve. Like, I have to imagine, getting your kid away from those declasse public school kids so your kid can learn how to shake hands. Or something. What else? Is it in-depth study of the Coming of Age novel (hello NCS) or religion? Can your kid wait until college or do that through your house of worship?[/quote]

Sounds like you don’t want private school for your family.  Move along then.[/quote]

Wrong. We did private school for both kids through elementary. We decided on public for MS and HS and one of our kids, totally unhooked, got into a USNWR top 5.

So I'm totally open to private school. I just want to hear what you're getting out of it, because I know you have your reasons. [/quote]

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