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Just an fyi to compare apples to apples (or apples to peaches). Those private schools aren't $90k compared to southern schools at $30k. The most expensive schools are about $73k for tuition and most mid-level private schools are in the $60ks. You are factoring in room and board which would push up those southern schools as well (almost $58k for Alabama). In fact, those awesome dorms and Greek houses at places like Alabama cost a lot more than standard dorms.Chin, when you have a little time check out the annual, all in costs of mid-level private schools in the northeast. You won't find many at the price you quoted. Most are 15% - 20% higher.
When my son (recently turned 30) was early in high school I started investigating different schools up here (won't name any as I don't want to offend anyone who may h ave gone to one). I was stunned at the cost of some of the private schools that had run of the mill acceptance standards/academic standing. I can understand a few private schools up here charging a premium rate, but I stated many times "I refuse to pay a premium for mediocrity".
The thing is many of those schools exist solely because of affluent families who feel it is beneath them to send their kid (who couldn't get into a school of choice) to a public university. I can name close to a dozen $90k a year schools up here that won't give a better education than Southern CT or Central CT, but fir the students who attend those schools, a directional state school would dishonor the family name.