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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][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] Do either of you have any sources that back up your numbers? [/quote] The idea that full pay tuition isn’t covering the cost to education one child, when it is $50k-$60k, is so absurd it is laughable. Just do a napkin calculation of the average % tuition families are paying per kid with the generous financial aid programs these schools have.[/quote] “Generous” No, that’s what they say, not what they do. [/quote] $6M annual FA budget sounds generous to me[/quote]
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