May Day Mayday?
Anecdotal reports are all over the lot as independent schools wait to see how this year’s admissions cycle will shake out. Many are full. Some have been pleasantly surprised that demand is holding steady despite the wobbly economy. A few are benefiting from concerns about local public school budget cuts. Everyone is seeing increased demand for financial aid, and many admissions officers — particularly at smaller, modestly endowed schools — will be holding their breath until summer.
Here’s an interesting piece from Smart Money about the ways in which schools and parents are responding to the challenging economic environment. . .
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