Reply to When will Private Schools' bubble burst ?

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[quote=Anonymous][quote=Anonymous]Health care costs; higher teacher salaries; new FTE positions for the legions of IT specialists needed to support all the technologies; constant capital expense for IT and lassroom technology; new FTE positions for expanded college counseling and educational counseling; new FTE positions for the environmental or diversity or international programs coordinator;  higher insurance premiums due to more litigation against schools; higher energy costs (costs a lot to fill up the as tank on the school bus and heat and cool those big buildings); fancy new facilities.

That's where the tuition money goes.  Crazy rising costs in aggregate but any given piece seems very defensible.[/quote]

The average It salary is about 40K a year. maybe the head IT guy gets 200K/year, so the whole department costs the school maybe 500K a year. OK, say its a million. Now where did the remaining 39 million dollars in annual revenue go ? teachers salaries ? I don't think so. Even if health care costs have tripled, that still does not get you to 40 million in expenses a year ?[/quote]

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