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private schools cost a lot for two very important reasons: (1) consumers believe they're worth it and (2) said consumers can borrow money to pay tuition at ext

private schools cost a lot for two very important reasons: (1) consumers believe they're worth it and (2) said consumers can borrow money to pay tuition at extraordinarily low interest rates.

Clubber 10y ago
I think one of the biggest draws to private schools is they typically don't require admissions testing such as SAT, ACT, GMAT, etc. Of course, when you hear "private school," many people think private high schools, which are typically superior to public, particularly in southern US regions. The different is these are "for-profit," which can easily be confused, particularly by someone right out of high school. Finally large marketing expenditures and high pressure sales targeted at people who believe people are required, morally or legally, to be honest.
- lintiness 10y ago
  stanford, harvard, yale, university of chicago, mit, williams, amherst, princeton, penn, cal tech, ... all private schools that not only require standardized test scores, but prefer top percentile.
  - Clubber 10y ago
    Replace "private" with "for-profit." I conflated the terms a bit. Many people mistake "for-profit" schools for private schools. For profit schools are perfectly fine with the ambiguity.
- dragonwriter 10y ago
  > I think one of the biggest draws to private schools is they typically don't require admissions testing such as SAT, ACT, GMAT, etc. I think you are confusing "private schools" with "for-profit" schools. But, even here, lots of programs targeting mid-career workers offered by non-profit (public and private) institutions don't rely on admission testing. > The different is these are "for-profit," which can easily be confused, particularly by someone right out of high school. Is there are a large "right out of high school" population going into private, for-profit schools? Most of the marketing I've seen from them is directed at mid-career workers, not recent high-school grads.

private schools cost a lot for two very important reasons: (1) consumers believe they're worth it and (2) said consumers can borrow money to pay tuition at extraordinarily low interest rates.

Clubber 10y ago

I think one of the biggest draws to private schools is they typically don't require admissions testing such as SAT, ACT, GMAT, etc. Of course, when you hear "private school," many people think private high schools, which are typically superior to public, particularly in southern US regions. The different is these are "for-profit," which can easily be confused, particularly by someone right out of high school. Finally large marketing expenditures and high pressure sales targeted at people who believe people are required, morally or legally, to be honest.

lintiness 10y ago
stanford, harvard, yale, university of chicago, mit, williams, amherst, princeton, penn, cal tech, ... all private schools that not only require standardized test scores, but prefer top percentile.
- Clubber 10y ago
  Replace "private" with "for-profit." I conflated the terms a bit. Many people mistake "for-profit" schools for private schools. For profit schools are perfectly fine with the ambiguity.
dragonwriter 10y ago
> I think one of the biggest draws to private schools is they typically don't require admissions testing such as SAT, ACT, GMAT, etc. I think you are confusing "private schools" with "for-profit" schools. But, even here, lots of programs targeting mid-career workers offered by non-profit (public and private) institutions don't rely on admission testing. > The different is these are "for-profit," which can easily be confused, particularly by someone right out of high school. Is there are a large "right out of high school" population going into private, for-profit schools? Most of the marketing I've seen from them is directed at mid-career workers, not recent high-school grads.