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Private & Independent Schools
Reply to "When will Private Schools' bubble burst ?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous] the 990's posted are 5 years old. They don't inform anyone of what is going on today. Tuition has nearly doubled since the period those old 990's reflect. [/quote] Someone keeps posting this. Which of these schools charged only $16,000 five years ago? [/quote] In 2006-2007 the St. Albans tuition was $26,000. http://www.washingtonpost.com/wp-dyn/content/article/2006/04/02/AR2006040201369.html This upcoming year, 7 years later, it will be $37,000, for an increase of $11,000 over a seven-year period. Tuition in 2008 at Sidwell Friends was $29,400 for the Upper School. This year it was $34,400, for an increase of $5000 over four years. Under Ad Hominem Hover McRant's argument, tuition at St. Albans should be over $52,000 next year, and tuition at Sidwell something like $50,000. I don't know why he/she does not use the revolutionary tool called "Google" before making statements so clearly provably false. It undercuts her/his main point (which many agree with), which is that the rates of increase, if not as Brobdingnagian as she/he claims, are not sustainable in the long haul.[/quote]
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