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[quote=Anonymous][quote=Anonymous]Does anyone here have transparency into the budgeting of these schools? Do we actually know what is driving the price up? Is it facilities or simply healthcare? Is it because they now need a computer and IT department they didn't need 20 years ago?[/quote]

I am in a position to know that at my kids' school, the increase (which is just under 4%) is being driven entirely by healthcare and faculty salary increases.

The Crash of 2008 began to be felt most severely in the 2010-11 academic year. It didn't affect the 2008-09 year (since the year was underway then the crash happened) and most people were already in the admissions pipeline for 2009-10. But starting with 2010-11, and continuing through 2013-14, faculty raises haven't kept up with inflation. At the same time, some benefits have been cut, and health insurance premiums have gone up, even as the school has absorbed a greater share of the increases than the employees.

This leads to either very unhappy faculty, or faculty leaving for schools that will pay them more money. My kids' school is finally saying to their faculty that it's time they start getting raises again. Nothing huge, but at least it's something.[/quote]

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