Financial market impact on Endowments, Financial Aid, Applications, etc.

<p>[Communities</a> asking private schools for extra help in lean times - The Boston Globe](<a href=“http://www.boston.com/news/local/articles/2009/08/13/communities_asking_private_schools_for_extra_help_in_lean_times/]Communities”>http://www.boston.com/news/local/articles/2009/08/13/communities_asking_private_schools_for_extra_help_in_lean_times/)</p>

<p>I am not aware of any private schools that have money lying around that can be used to pay off extortion from the communities they reside in. At most of these places tuition might cover 2/3rds of the cost of educating a student - they have to raise the rest.</p>

<p>I was more interested in this statement in the article.

It’s worth reading.</p>

<p>Another poster mentioned this in the St. Paul’s thread, but since it has general interest, I thought that I would give it a little more publicity:</p>

<p><a href=“http://www.nytimes.com/2009/11/07/business/07prep.html?pagewanted=1&_r=1[/url]”>http://www.nytimes.com/2009/11/07/business/07prep.html?pagewanted=1&_r=1&lt;/a&gt;&lt;/p&gt;