The New College Bubble = Private Schools

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The New College Bubble = Private Schools

Francois
The shiz in Manhattan is crazy. Mothers are spending 40 K a year for their little snowflakes to start learning how to be haughty douchebags from the age of 5. The private school thing is a big big racket in NYC that makes the grad business school racket look tame. Take a look at the documentary called Baby University or some such name. Supply of these "exclusive" schools is kept artificially low and they are always trying to shake people down for even more money with fundraisers and after school activities and such. These people would be much better off in the burbs in a decent public school district but they are more than happy to get a start for their kids spending money from day one.