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Private & Independent Schools
Reply to "Do top private school teachers get paid less than public? "
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[quote=Anonymous]Tuition at schools goes mostly to personnel costs. Remember that benefits are a big part of that. Every entity in America that offers health care to its employees, whether GM or your local independent, has been hit by the devastating rise in health care costs. So even without big salary increases, costs to schools have gone way up. Remember also that many or most independent schools do not cap out teacher pay, so if you stay 30 years you would get 30 years of raises (compare this to the Gov't GS system). So for teachers of long seniority, the pay can be pretty good (but the benefits generally don't compare with public school -- see below, however). In comparison, states and municipalities are having a terrible time meeting pension/retirement payments to their retirees (which would include teachers). Some courts are even allowing these pension/retiree benefits to be reduced in bankruptcy proceedings. Hopefully MD and VA and the local municipalities are healther economically and this will never happen, but there is a level of uncertainty about what people once thought was rock solid in terms of benefits. Rising tuition costs are an existential threat to independent schools, but there does not seem to be an easy or obvious fix. If a school increases class sizes or teacher work load or cuts course offerings, this will hurt them in marketing so it's not something to be done unilaterally.[/quote]
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