Private Schools Say They’re Thriving In Downturn

Private schools across New York City say they are thriving this fall, with record numbers of applicants and no significant decline in donations. Yet almost daily, even brand-name schools are finding that they have to reassure jittery parents about shrinking endowments and dispel rumors that requests for financial aid are pouring in, and that economically squeezed families are pulling their children out and enrolling them in public schools.

Full-text article by Winnie Hu and Alison Leigh Cowan is available via the New York Times, 11.28.08.