NYT article "At Elite Prep Schools, College Size Endowments"

<p>Among the things in the article: Exeter has an endowment of 1 Billion, up from 500 million in 2002 and devotes $63,500 to house and educate each student. Tuition is $36,500.</p>

<p><a href=“http://www.nytimes.com/2008/01/26/business/26prep.html?_r=1&hp&oref=slogin[/url]”>http://www.nytimes.com/2008/01/26/business/26prep.html?_r=1&hp&oref=slogin&lt;/a&gt;&lt;/p&gt;

<p>I am amused by the squash court picture at the top… seems like squash is the “oh look, he/she/that institution is rich!” thing du jour.</p>

<p>yikes 36K for High School? </p>

<p>I guess I really am a poor middle class person.</p>

<p>I don’t even know how people spend 4K for catholic High schools in this area.</p>

<p>In fact, this makes me even prouder of the public high school that my son attended. It was a magnet school and there were some kids whose parents from the suburbs actually paid to attend (I don’t think they paid 36K tho)</p>

<p>I do have to wonder about people who are brought up with the best of everything. Maybe I’m jealous.</p>

<p>My first boyfriend was an Exeter graduate who’d been there on a full scholarship. It had a huge impact on him. </p>

<p>My brother’s both attended East Coast boarding schools as my parents were serving in Africa during their high school years. They were both overwhelmed by Exeter - it seemed way too big and college-y to them. Though older brother does occasionally talk about the English class he sat in on - it was that impressive.</p>

<p>I got to know a truly impressive Harvard student whose parents are postal office workers; he went to Exeter on scholarship. Exeter prepared him well.</p>

<p>While I think it’s notable that there was an article run about the school’s enormous endowments and as a result the amazing gyms, squash courts, etc, the Times forgot to emphasize how this influences the academics. I think the writer spent maybe… one paragraph on that? After all, it is a school.</p>