wow, but aren't ppl leaving NYC? I guess not. I am working in the financial industry and hear a couple of big hedge funds are relocating to Florida or other state.
There are many who left, but I think the newspaper stories are a bit over blown. The only people I know who left were already on the fence about leaving. Keep in mind that typically there are several hundred applicants for each kindergarten class. Even if applications dropped by half, the schools could fill their seats.
I agree. Only two families for DC's grade have left so far. And even then, one is considering coming back next year. That seems like pretty standard turnover rate for a normal year. However, I know several families who were public or bust previously who are now considering private or have already made the switch.
I'm curious, does anyone know what percentage of kids actually get in to each school? Obviously I know for a school like Trinity or St. Ann's, it's super low, but I'm dying to know specifics. And same for other schools that are perceived as a little easier to get in: for some of them are we talking like 50% of kids get in? Or like 85%? It's such a black box!
I have kids in public and private and a ton of kids from our public elementary left the city. The privates seem to have lost fewer kids and more families in our public are trying to find off year spots next year at privates that were not hybrid.
I think this makes sense. Our private has handled everything so well that it is actually one of the main things keeping us in the city. We would be much more open to exploring moving if the school hadn't handled everything so well.
Hard to know. Many families who would do private are leaving the city so that will balance things a bit. I would think public enrollment will be down for sure.
our private is having a hard time filling spots for next year. A lot of people leaving NYC and a lot of people losing money. privates haven't lowered their tuition but people are earning less and leaving nyc.
Seems premature as contracts for next year haven't even gone out. And parents who can readily afford private are not earning less. These are the types doing well during the pandemic (bankers, lawyers).
@anonymous i dunno we have 2 kids there are we are for sure doing worse. anyone whose money in any way relied on the food or travel industries prob not dancing to the bank this year.
Tuition must be demand driven. A few of the TT have had explosions in their endowments and tuition has gone up faster than inflation. Many K programs now cost more than Harvard University.
Parents league said there were a lot more applicants this year because of families who would normally have gone to Public
wow, but aren't ppl leaving NYC? I guess not. I am working in the financial industry and hear a couple of big hedge funds are relocating to Florida or other state.
Which funds?
@Anonymous Blackstone and Jeffery. The reason I know is they are our clients.
@Anonymous Blackstone is opening an office in Miami, not relocating to Miami.
There are many who left, but I think the newspaper stories are a bit over blown. The only people I know who left were already on the fence about leaving. Keep in mind that typically there are several hundred applicants for each kindergarten class. Even if applications dropped by half, the schools could fill their seats.
I agree. Only two families for DC's grade have left so far. And even then, one is considering coming back next year. That seems like pretty standard turnover rate for a normal year. However, I know several families who were public or bust previously who are now considering private or have already made the switch.
@Anonymous This. The families I know who left, were all planning to leave "at some point," often due to concerns about (public) schools.
I'm curious, does anyone know what percentage of kids actually get in to each school? Obviously I know for a school like Trinity or St. Ann's, it's super low, but I'm dying to know specifics. And same for other schools that are perceived as a little easier to get in: for some of them are we talking like 50% of kids get in? Or like 85%? It's such a black box!
I heard for TT like S/C/B, HM etc it is about 10% or less.
@Anonymous It's more like 15-20%, at least for a few of the schools you mentioned.
Agree - 15-20%
I have kids in public and private and a ton of kids from our public elementary left the city. The privates seem to have lost fewer kids and more families in our public are trying to find off year spots next year at privates that were not hybrid.
I think this makes sense. Our private has handled everything so well that it is actually one of the main things keeping us in the city. We would be much more open to exploring moving if the school hadn't handled everything so well.
Hard to know. Many families who would do private are leaving the city so that will balance things a bit. I would think public enrollment will be down for sure.
Were applying for k now. We had hoped it would be an easier year but that doesn't seem to be
our private is having a hard time filling spots for next year. A lot of people leaving NYC and a lot of people losing money. privates haven't lowered their tuition but people are earning less and leaving nyc.
Seems premature as contracts for next year haven't even gone out. And parents who can readily afford private are not earning less. These are the types doing well during the pandemic (bankers, lawyers).
@anonymous i dunno we have 2 kids there are we are for sure doing worse. anyone whose money in any way relied on the food or travel industries prob not dancing to the bank this year.
Are you leaving, too? Unfortunately, there are just too many people who want private so tuition will never go down.
Tuition must be demand driven. A few of the TT have had explosions in their endowments and tuition has gone up faster than inflation. Many K programs now cost more than Harvard University.