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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I've posted before that I think that GDS should build apartments for its faculty and staff. It's a win-win for the school and a win-win for the community if their main concerns are traffic and the increase in enrollment at Janney. The cost of living in DC is so high that it is really difficult to attract top teaching talent in a nation-wide search. Given how awful traffic has been and how unreliable Metro is for the unforeseeable future, the ability to minimize commute would be huge.[/quote] This is a worthy idea, but how to monetize it from GDS's perspective? GDS got into this transaction as a revenue opportunity to support the school's programs.[/quote] Pretty silly idea. Building dorms or apartments for teachers might make sense if a school is hiring lots of kids right out of college. But the success of GDs is due in large part to hiring and retaining veteran teachers. Some for their entire careers. They have their own lives and own families, and I doubt that they're looking to all be living together a block from the school.[/quote] There is typically a 10-15% turnover rate for faculty at schools like this. Many of these hires are young, who eventually hopefully become the long term faculty. [/quote]
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