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Reply to "Sidwell tuition increase"
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[quote=Anonymous]From the Bureau of Labor Statistics: Total compensation costs for private industry workers increased 2.5 percent in the Washington-Baltimore-Northern Virginia, D.C.-Md.-Va.-W.Va., metropolitan area for the year ended September 2017 the U.S. Bureau of Labor Statistics reported today. . . . [u]Locally, wages and salaries, the largest component of total compensation costs, advanced at a 3.3-percent pace[/u] for the 12-month period ended September 2017. Nationwide, total compensation costs rose 2.5 percent over the year and wages and salaries advanced by 2.6 percent. Private schools are people intensive businesses. Comp costs drive the tuition raises. Add in campus improvements and tuition rises even further. Will every parent see the same rise in wages and salaries? Of course not. And that's a shame and I feel for those that are in that position. [/quote]
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