In New York City, at least. Applications up, money still flowing in, all is serene. That’s probably good news for Greenwich private schools as well. But there’s this:
Mr. Davison, who also heads the Guild of Independent Schools in New York, warned: “It’s Wall Street that worries us in New York City. If all these financial jobs move to London, we’re in trouble.”
Kinda my thinking as well.
The article omits a significant factor –
Private school parents sign a contract binding them for a full year, with tuitions due in December and May.
So consider this scenario:
Three children in B’wick and/or the Academy, one in each division – a very “typical” demographic at both schools.
Come May, these are the families that will be deciding if now is the time to be contractually obligated to pay $80,000 in private school tuition, or meet new friends in the car lines at North Street and the Hight School.