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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We could send one kid to private on $250k (at $40K tuition) but not two.  
Another thing to think about is that tuition is rising at the pace of about 1-$2K a year at the top schools.  We anticipate our $41K school will be $45K within 3 years and $50K within a few more.  [/quote]

Do you really think this is sustainable? [/quote]

Private school tuitions click up at about the same rate as adjustments for faculty salaries.  So if teachers are getting 2.5% increases (and you should hope they do with the cost of living in DC), you'll be paying that much more in tuition next year.

Here's what I think is going to happen.  Private schools will continue to charge ever increasing prices for the reason stated above.  More and more parents will apply for financial aid, and those schools with large enough endowments will adjust tuition for more students -- while fundraising like hell from families able to both pay full tuition and also donate.  It's no different than universities, right?

But here's the critical part.  Most private day schools in this area do not have large endowments.  So, there's going to be a consolidation of schools.  Weaker ones will be merged with stronger ones to combine endowments and resources.  [/quote]

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