Paying the Big Bill

erlanger
Mon, 22 Jun 2009 20:07:25 +0000

Our family is also about to send one of two big checks–double what we were paying for a lovely and nurturing, local private school-- in the hopes of giving D more. For us, the dollars are real and scary, but I dare say, I think struggling FP parents are the minority. We’ll see how it feels when my D gets to BS, but I think there are many, many parents who can provide the tuition without a hiccup. I believe this because, for all we feared about the economic impact on BS, the facts show that the applications were steady, the yields were high, and the WL movement very low. Top BSs did as well or better than ever this year, which means to me, many parents don’t have to think twice about the tuition, regardless of a 20-30% hit on savings, and the threat or loss of real jobs all over this country. One thing we know our kids will get at BS: a complete shield from the realities of the horrible economy and what many struggle to do to make ends meet.