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<p>Actually, the percentage of full-pay students has been decreasing for at least 10 years.</p>
<p>Full-pay students as percentage of class.
CDS yr.03-04 [53%] 04-05 [54%] 05-06 [51%] 06 -07 [52%] 07-08 [47%] 08 09[43%] 09-10 [40%] 10-11 [37%]11-12 [39%] 12-13 [41%]</p>
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<p>Something else to consider: As high as 20% of the students at the top preps (Philips, Deerfield, St Paul’s, Choate, Exeter, etc.) receive full scholarships. These are the same students who qualify for Pell Grants. My guess is that their SAT/ACT scores are equal to or above a significant number of the middle-class and wealthy applicants. </p>
<p>The same can be said for the low-income students who attend the excellent, public charter high schools around the country.</p>