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I thought I explained that in my initial post. Many of the state schools (such as the UC system, but many others too) provide high quality education and take so
by hristov 16y ago
I thought I explained that in my initial post. Many of the state schools (such as the UC system, but many others too) provide high quality education and take so many students that they influence the market. Thus private school tuitions depend on market forces created by public school tuitions.
Once the public schools raised their tuitions the private schools knew it would be safe to raise theirs as well.
- bd_at_rivenhill 16y agoI could see this argument carrying some weight if you just looked at California, but the top-tier private schools on the East coast have never had such strong competition from state schools and geography is definitely a factor in school choice, so I expect that the effect of this price competition would be limited.