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Reply to "Sidwell to increase tuition a WHOPPING 6.7%"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Back to costs — it is hilarious folks are citing the broader economy’s current inflation spike as if Sidwell was forced to raise tuition sharply because of the current inflation environment. As if their supply chain was impacted, or teachers or deans if this or that rose up and demanded massive raises next year and sidwell had no way to manages costs elsewhere. As if its tuition increases haven’t outpaced inflation for decades. In an inflationary environment, people expect higher prices, so you raise rates more than you would have otherwise. So they did.[/quote] It would be interesting to know how much of a surplus this budget anticipates, and how much the referenced contingency funds have grown. I would also want to know the aggregate % increase of teacher salaries on an FTE basis. Of course you are right that some schools will raise tuition just because they can. Some will, at least. But if they are just budgeting for a comparably larger(r) surplus with the increase, rather than funding a larger increase in salaries, that is something that parents should know.[/quote] The school is going to administer itself as it sees fit. [b]They don’t need to tell the parents anything.[/b] If you like what they are selling then you shouldn’t worry about it.[/quote] It really isn’t a question of need, as opposed to good governance and administration, and some level of transparency. Bryan used to have a state of the school presentation where school finances were discussed. We’ll see if he does it this year, but I don’t think it is on the calendar as of now. Can the school take the approach you are suggesting, if it wants to do so? Sure, I suppose it can. Does the school actually take the approach you are suggesting? I don’t know—I guess we will see. But if it does, that will lead to some interesting conversations when we meet with them about the annual fund and campaign. Regardless, I think that the questions I identified are relevant ones. It’s part of an effort to actually try to understand a 6.5%+ increase. Because they could possibly get me on board with it if I had more information.[/quote]
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