Tuition Increases

[Anonymous]

Curious about what other schools are increasing for next year. I’m hearing our K-8 will be 6% because of inflationary pressures. Any other school reporting yet?

[Anonymous]

Likely inevitable across the board.

[Anonymous]

Anonymous wrote:Curious about what other schools are increasing for next year. I’m hearing our K-8 will be 6% because of inflationary pressures. Any other school reporting yet?

Ouch!

When do people usually hear about this?

[Anonymous]

Every school raises tuition anywhere from 2 to 6 percent, every year. It is something new families applying to schools need to understand.

When my kids started, tuition was in the high twenty thousand range and then they ended, it was at 50k.

[Anonymous]

Anonymous wrote:Every school raises tuition anywhere from 2 to 6 percent, every year. It is something new families applying to schools need to understand.

When my kids started, tuition was in the high twenty thousand range and then they ended, it was at 50k.

Oh my! That is an unknown/unconsidered/underappreciated reality for those families seeking entrance into K-12.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Every school raises tuition anywhere from 2 to 6 percent, every year. It is something new families applying to schools need to understand.

When my kids started, tuition was in the high twenty thousand range and then they ended, it was at 50k.

Oh my! That is an unknown/unconsidered/underappreciated reality for those families seeking entrance into K-12.

Parents who aren’t thinking about the long term cost are not very smart. I think people prefer not to think about it, but I can’t imagine people really don’t know.

We have four kids in independent schools. When we enrolled the first one I did the math on what we could expect for high school tuition to be for the last one and how much it would cumulatively cost.

[Anonymous]

We’ve only been at our school for 2 years but tuition was exactly the same for those years ( Christian K-8)

[Anonymous]

Between 6 and 7% increase at DD's school for next year.

[Anonymous]

I think people who apply, especially in younger years, know and anticipate % increases every year- it is part of how it works. My kids' school won't announce until Jan/early Feb usually.

[Anonymous]

I'd prepare yourself for a larger than normal increase given inflationary measures, including the staggering rise in the cost of health care/benefits.

[Anonymous]

When will the top 5 hit 60K?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Every school raises tuition anywhere from 2 to 6 percent, every year. It is something new families applying to schools need to understand.

When my kids started, tuition was in the high twenty thousand range and then they ended, it was at 50k.

Oh my! That is an unknown/unconsidered/underappreciated reality for those families seeking entrance into K-12.

Parents who aren’t thinking about the long term cost are not very smart. I think people prefer not to think about it, but I can’t imagine people really don’t know.

We have four kids in independent schools. When we enrolled the first one I did the math on what we could expect for high school tuition to be for the last one and how much it would cumulatively cost.

This is obnoxious (perhaps not unexpectedly from this board). First, "thinking about the long term cost" is likely what most do to some extent, but that is not what I was referring to. New parents, unfamiliar with independent schools and outside of the DC/Potomac bubble, are not going to widely anticipate that tuition will DOUBLE by the end. That is not a reasonable/common expectation, even if "thinking long term" and assuming some tuition increases. It has nothing to do with being "smart".

[Anonymous]

Anonymous wrote:When will the top 5 hit 60K?

2024 at this rate. I wonder if increases will ever tail off just because there are only so many years in a row that they can outpace wage growth and still be viable, but I've thought that for a long time now and it has never mattered.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Every school raises tuition anywhere from 2 to 6 percent, every year. It is something new families applying to schools need to understand.

When my kids started, tuition was in the high twenty thousand range and then they ended, it was at 50k.

Oh my! That is an unknown/unconsidered/underappreciated reality for those families seeking entrance into K-12.

Parents who aren’t thinking about the long term cost are not very smart. I think people prefer not to think about it, but I can’t imagine people really don’t know.

We have four kids in independent schools. When we enrolled the first one I did the math on what we could expect for high school tuition to be for the last one and how much it would cumulatively cost.

This is obnoxious (perhaps not unexpectedly from this board). First, "thinking about the long term cost" is likely what most do to some extent, but that is not what I was referring to. New parents, unfamiliar with independent schools and outside of the DC/Potomac bubble, are not going to widely anticipate that tuition will DOUBLE by the end. That is not a reasonable/common expectation, even if "thinking long term" and assuming some tuition increases. It has nothing to do with being "smart".

If you kid is going to be in private for 13 years, then you should expect to be paying a lot more when they graduate. You should also expect to be making a lot more. The twist for this area is all of the maxed out GS employees who will not be getting salary increases

[Anonymous]

Last year our school had an 8% increase and we are slated for another 8-9% this year. The school has gotten much more popular over the last few years and they are building to accommodate the interest.

We started at $14k a year many years ago and are at $28k this year/ per kid.