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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]No why would they? [b]Thanks to Citizen's United, [/b]there is big and endless money in politics nowadays. That is partly what is funding the housing boom. There will always be people who can and do want to pay for a top private.[/quote] WTF? How can you turn a thoughtful thread about price of private school into politics about Citizen's United? Anyhow, the answer is as someone said above (and this applies to college and university hikes as well), as long as there are people willing to pay these prices, each school will follow the leader. If the Cathedral Schools or Sidwell ups its price, the others will follow. Same with universities. Right now we are in a seller's market so there is no end in sight. But, at some point, parents will say "enough!" and market forces will drive the prices down. We're starting to see some of this at the college level. Often you can barter with the financial aid department and they will meet your demand - say you are in UVA but want to go to MIT - [b]MIT might give you in-state tuition.[/b] But you have to negotiate. Only schools with large endowments will be able to do that. Which means the second and third tier privates will fail. This cannot continue.[/quote] This will never come true. Guaranteed. [/quote]
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