Anonymous wrote:Many parents at privates can't afford more than tuition so they volunteer to help with the auction or other special events and we do understand that. At many schools the salaries for the Development staff and special events staff eat up a high percentage of the money raised. If you think about how much the schools can save when parents help out with these events and they do not have to hire as many people then you feel you have contributed what you can. Your time and ideas are a valuable contribtion.
Anonymous wrote:Is any private school so much better than the excellent public schools we have here to justify not funding your retirement or not going on vacation? I went to public schools, a "top 3" Ivy, and have a good career, but could have ended up at the exact same spot with a public university. Are people looking at the big picture here? Your kids should go to a private school if you can afford it (after fully funding your retirement and safety fund; Suze Orman and Michele Singletary would be so dismayed at this post). There are so many good public schools here (though you may have to move to the other side of Western), and while the size, etc, may be challenging, kids need to learn how to navigate difficulties to succeed in life, which is the whole point, right?
Anonymous wrote:Anonymous wrote:Anonymous wrote:The reality is clear: private schools are a bubble that needs to burst. By this I mean, the tuitions have been rising at an obscene rate for so long that it can no longer be justified (or paid) by any but the wealthiest among us. For years, middle and upper middle class professionals could justify scrimping and saving in order to provide private education for their children. Those days are ending quickly. Now at 40k and rising, those families risk putting themselves into dire financial straits in order to pay the tuition (and, as the op suggests, all the extra fundraising contributions, fees, etc). It is simply not sustainable.
I think this is actually a good point - especially in the DMV. All 4 of my kids have done a combo of public and private.
I grew up in the metro area of a large Midwestern city. Most of the private schools there are parochial or academic specialty (STEM). There are maybe 1-2 purely indepedent schools worth mentioning, but that is it. There is no market for high ticket independent schools there. People invest in the public schools which, by and large are above average.
I have lived here for 24 years and I am often amazed and the number and cost of private school education here. In my private school parent travels, I have noticed two things (not speaking to the educational merits). First, the private school is a badge of prestige here that people are willing to pay top $$ for. Second, a lot of people in this area believe that more expensive = better school.
Paying $40,000 for a ES or MS education is pure folly to me. The ONLY way that this whole independent school thing even works is because the DMV is economically stable compared to most other parts of the country. Any type of prolongoned downturn in this area would drive students back to public school and all but a few of these schools out of business.
I think in general the whole status/prestige attached to school attendance in this area is horrible. Seriously, I don't think people dwell as much in the rest of the country over what grade school their child attends (with the exception of New York City and certain parts of the West Coast). It's seriously ridiculous.
And beyond that, my experience has been that people who attended big name private schools their entire lives aren't necessarily smarter or even more articulate. In fact, they're usually pretty sheltered and have difficulty interacting with people not of their exact class/ethnic/racial/religious group. With the changing demographics of the country, I question the wisdom of raising a child in that kind of a bubble...
Anonymous wrote:It is obscene what they charge. It is for a bloated administrative staff.