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Reply to "Tuition increases - what’s typical/standard"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]From my perspective I just donate the bare minimum. For a 60k tuition I think i contribute enough to the school budget. [/quote] you understand that what you pay in tuition doesn't actually cover the cost of tuition, right? so you are basically sloping off others who are filling the gap for you.[/quote] That is a lie. If you are full pay you are already paying more than the average due to financial aid. Most families are also not in a position to make a significant donation. Full pay is already more than the average, so you are actually subsidizing the financial aid families. Full pay typically covers about 1.2 to 1.25 kids in the overall school budget.[/quote] It’s not at all a lie. Tuition doesn’t cover the full cost of educating your kid. We are full pay and contribute the difference between tuition and the full cost of educating our kid.[/quote] You will believe anything, huh? Well, it is certainly a lie. Tell me how full pay tuition doesn’t cover the costs to educate your child? The school budget includes lots of items like athletic facilities and coaching, development and alumni offices, performing arts facilities and faculty, summer camps, annual galas, etc. that have absolutely nothing to do with educating your child. You are not responsible for the overall school budget. Beyond that, financial aid is a huge drain on the school budget and decreases tuition revenue dramatically. If you are pay full tuition, you are already paying more than the average kid. With financial aid, you are actually subsidizing the financial aid kids. Full pay tuition typically covers 20-25% tuition for someone else. I’m what world is full pay tuition not covering the cost for your child? Get out of here haha.[/quote]
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