Private-school refugees
Blog by Katharine Mieszkowski/Slate Magazine
Alex, 43, a father of two who lives in San Francisco, is an alum of a private high school in the city that today charges upward of $30,000 a year. But while his eighth-grader and fourth-grader now attend private school, they won't be continuing on to posh high schools like the one he graduated from. "Hope to be a private school refugee family," Alex writes in an e-mail with the subject line, "Many of our friends are doing the same thing." The cachet of private school has taken a hit from the Great Recession, as parents question whether they can afford to pay for it, and whether it's really worth the investment. "Private schools in our area have assumed unlimited demand—the recession has many of us reconsidering the true value of pristine campuses, endless deans and lavish arts programs that train young people to be unemployed," Alex writes. (more...)