<p>50k is a heck of a lot of money, but the elite schools with the mega-endowments spend well in excess of 50k/per student-- more like 70-80k/per student, which the earnings on the endowments permit.</p>
<p>Looking at tuition cost v. actual operational cost, 50k is a relative bargain, if not a painful bargain when u write that check… :-(</p>