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Reply to "Sidwell tuition increase"
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[quote=Anonymous][quote=Anonymous][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] Listen Moms. None of you run a school so pipe down or leave if you are an unsatisfied customer. All of you have choices. If SFS is not for you, get off this thread and start planning for a new school for your kid next year. There are plenty of families who will take your spot and gladly run with the good and the bad of the place. And btw there is good and bad everywhere. Welcome to adulthood. [/quote] That a pretty strong response to a valid follow up question. -- parent who saved for and anticipates the increases, and who also likes to discuss things when there is obviously not a consensus[/quote]
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