Reply to When will Private Schools' bubble burst ?

Forum Index » Private & Independent Schools

Reply to "When will Private Schools' bubble burst ?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]There have been some very good posts on this thread -- I found the posts talking about MoCo and DC costs thought-provoking.

I do think that, for some of the best known schools, they can probably keep hiking tuitions and their reputations will be enough to fill the seats with the children of the very affluent and about 25% receiving financial aid.  However, this is not sustainable for every school.  I know a lot of DC lawyer types, even at big firms, who just never got on the private school train -- and the private schools need those lawyers' kids.

I recall reading that one small college (maybe Sewanee?) cut it's tuition by 10% -- I'd like to see a school try something like that (but realize its probably unrealistic).  Thoughts for savings (and some are controversial, and maybe some remove the advantages of private schools!), interested in hearing others viewpoints:

--Increase enrollment (tough bc of facility constraints);
--Decrease the size of the faculty (through attrition followed by elimination of the position) by increasing class section size modestly and/or having teachers teach 5 class sections instead of 4 (which is, I think, the norm) (but a teaching load of 80 students may mean, in the humanities for example, a drop in writing assignments which would be a costly side effect);
--Eliminate more of the non-teaching admin jobs (deans and assistant headmasters and division heads should also teach some classes);
--Cap out teaching salaries like the Government GS scale; once you hit a certain level you are limited to COLA increases and not substantive raises each year (this old increase faculty turnover);
--Grandfather out automatic tuition remission for faculty children;
--Eliminate full time positions for things like international programs, environmental, or diversity coordinators, and offer existing faculty a fair stipend to pick up the responsibility
--Moratorium on facility additions/upgrades and do a capital drive to endow more of the financial aid

All of these things pretty clearly would have costs/byproducts.  Are there better options out there?  Where do people see the real waste or, to be less negative, the non-essential elements that could be cut?  Is it just the new facilities?[/quote]

Anyone have thoughts on the points raised above?[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics