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Reply to "Is your private having another tuition increase?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Collegiate, Spence, and Trinity are $43k, Brearley is $42k, Horace Mann is $41k, and Chapin is $39k. The Big 3 have a bit of a cushion to catch up. [/quote] Apples and oranges. Cost of living overall is higher in NY, as are salaries.[/quote] +1- Top lobbyists and BigLaw partners don't earn near what top hedge fund managers and investment bankers bring in. Plus the population in NYC is much larger, so there is a larger pool of potential students. [/quote] It doesn't matter if you're making $400K as a lawyer/lobbyist or $4M in private equity, your ability to shrug off a couple thousand dollars in private school tuition increases is the same. NYC also has a lot more very expensive schools to match their larger population. The panic about private school tuition at places like SFS, GDS, STA, NCS is a psychological reaction. It doesn't have an economic basis. Since nearly everyone's child would do just as well going to Wilson, at some point you just have to admit to yourself that it is a luxury, not a necessity. And, we all have different levels of need/tolerance for conspicuous consumption. [/quote]
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