Anonymous wrote:Anonymous wrote:My colleague just bought an old Victorian in Baltimore in what she claims is one of the best school districts for somewhere around $125k. Literally, they put $5k down. That would buy a parking spot, or maybe two, in a sought-after DC neighborhood. I'm surprised there isn't a bigger difference in tuition between Baltimore and DC.
I wish this were true. SFH in the best city school district (Roland Park) is more like starting at $250-300k -- and goes way up. Still a bargain by DC standards.
Anonymous wrote:My colleague just bought an old Victorian in Baltimore in what she claims is one of the best school districts for somewhere around $125k. Literally, they put $5k down. That would buy a parking spot, or maybe two, in a sought-after DC neighborhood. I'm surprised there isn't a bigger difference in tuition between Baltimore and DC.
Anonymous wrote:My colleague just bought an old Victorian in Baltimore in what she claims is one of the best school districts for somewhere around $125k. Literally, they put $5k down. That would buy a parking spot, or maybe two, in a sought-after DC neighborhood. I'm surprised there isn't a bigger difference in tuition between Baltimore and DC.
Anonymous wrote:Anonymous wrote:In related news, Baltimore is a shithole.
This. Lived there and it's a dangerous dump of a city.
Anonymous wrote:Meanwhile, private school in NYC is $40K - life is more expensive there.
http://www.spenceschool.org/admissions/pdfs/tuition.pdf
Anonymous wrote:In related news, Baltimore is a shithole.
Anonymous wrote:In related news, Baltimore is a shithole.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Private schools are more expensive here because more people have a lot of money.
Yep, it's a market economy. Schools charge what people can spend. In addition, schools have competed for the super wealthy by adding all sorts of luxuries that don't impact the quality of education. Many of these things were added during the economic boom, but they're still being paid for today.
As a middle income family, I can remember being on a tour and walking into a multistory high beautiful glass enclosed art studio for elementary school students, that presumably had cost a ton to build, and now was costing a ton to heat, and to keep those sparkling windows clean. I thought, I can imagine making major sacrifices to get my child a smaller class, a curriculum that I believe in, etc . . . but there doesn't seem to be a way to do that without also needing to impoverish myself for pretty windows and high ceilings.
I agree with you. The physical plant at my DD's private isn't ideal, but I am amazed at what goes on in the classrooms and hallways in terms of her academic and social development.
Yet, I know people who look down on the school because it isn't manicured or full of bells and whistles.
Anonymous wrote:Anonymous wrote:Private schools are more expensive here because more people have a lot of money.
Yep, it's a market economy. Schools charge what people can spend. In addition, schools have competed for the super wealthy by adding all sorts of luxuries that don't impact the quality of education. Many of these things were added during the economic boom, but they're still being paid for today.
As a middle income family, I can remember being on a tour and walking into a multistory high beautiful glass enclosed art studio for elementary school students, that presumably had cost a ton to build, and now was costing a ton to heat, and to keep those sparkling windows clean. I thought, I can imagine making major sacrifices to get my child a smaller class, a curriculum that I believe in, etc . . . but there doesn't seem to be a way to do that without also needing to impoverish myself for pretty windows and high ceilings.
Anonymous wrote:Private schools are more expensive here because more people have a lot of money.