Reply to will St Albans tuition continue to rise 3K every year?

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Reply to "will St Albans tuition continue to rise 3K every year?"

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[quote=Anonymous][quote=Anonymous]the current model is not sustainable.

Most of these independent schools are not well managed.

Any CFO should be able to manage costs to some degree. If the schools justification is to raise tuition $3K year over year and cry, the CFO should be fired and acting chairman should be asked to step down.

All privates, not just STA have invested in way too much human capital. I'm amazed how many administrative assistants these schools have or non teachers on pay roll.

It makes you really wonder how poorly run are these schools that charge an arm and a leg to attend [/quote]

This is a naïve comment clearly posted by someone who has not seen the operations and finances of one of these independent schools.  They run pretty lean on administrative staff.  They just provide a lot of really advanced services for the kids and that costs money.  Plus, teacher salaries rise faster than cost of living because services in general rise in costs faster than goods. The cost of health care benefits for small organizations like independent schools have also been rising like crazy in recent years.  In other words, costs of running a good independent school keeps rising.  Now, higher ed is a different story...[/quote]

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