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07.16.08, 07:45 AM NY Schools
11 replies
Dd is going to a private this fall on major FA. The recession is making me nervous in terms of the school's ability to continue giving us FA. Should I be worried about this? [ Reply | Watch | Flag ]
NY Schools 07.16.08, 07:45 AM Flag
 

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we are on FA too but I'm not worried. I can't think that far in advance. If something happens than it's off to Catholic school for my kids..until then we are staying put [ Reply | More ]
General Topics 07.16.08, 07:48 AM Flag
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no, there are way too many dc for spots in NYC, even in the worst economy the demand will exceed supply. Maybe newer school like Mandell will have a longer haul to reach thir goals but much of the money in NYC privates is old and will not be effected by the economy. [ Reply | More ]
General Topics 07.16.08, 07:49 AM Flag
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probably not, but may want to be nervous about how much other costs have gone up and will continue to go up (travel, food, etc.) [ Reply | More ]
General Topics 07.16.08, 07:50 AM Flag
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SAme here, but not worried. They don't rely FA on year to year givings. [ Reply | More ]
General Topics 07.16.08, 07:50 AM Flag
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No, don't worry. And congratulations. [ Reply | More ]
General Topics 07.16.08, 07:51 AM Flag
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of course not do you know most schools have over a billion for this sort of thing? [ Reply | More ]
General Topics 07.16.08, 08:55 AM Flag
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a billion dollar endowment dedicated exclusively for FA? doubt it. [ Reply | More ]
General Topics 07.16.08, 10:09 AM Flag
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Brearley, possibly the richest NYC school, has an endowment of 106 million. Boarding schools (St. Paul's, Exeter) can hit 750 million or so. [ Reply | More ]
General Topics 07.16.08, 04:38 PM Flag
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I read Spence has more. Well, not that Brearley or Spence more money on FA than others who have much less. [ Reply | More ]
General Topics 07.16.08, 05:53 PM Flag
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I don't know of a single private school (outside of colleges) that has over a billion dollar endowment dedicated to FA. Even colleges with endowments over a billion dedicate a tiny fraction of their endowment to FA (part of the reason many are calling for them to lose their NFP status). [ Reply | More ]
General Topics 07.16.08, 05:54 PM Flag
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There is always public school. Stop worrying. [ Reply | More ]
General Topics 07.16.08, 05:53 PM Flag
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