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Reply to "Sidwell - 2023-24 tuition for PK-2 will be $50k"
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[quote=Anonymous][quote=Anonymous]Let’s see if I have this right. (A little “back of the envelope” calculation” A hypothetical class of 20 second graders would include: 14 full pay at $50,000 = $700,000 4 at $25000 (50% FA) = $100000 2 at $0 (100% FA) = $0 That’s $800, 000 of Revenue. Variable expense might include two teachers at $80,000 or $160,000 total. That leaves $640,000 for Overhead absorption. A Hell of a business model, if you ask me. And people are lined up to pay the $50,000! [/quote] Wow. Veritable CPA. What a simplistic understanding. Uf.[/quote]
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