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Reply to "Lowell School Delaying Employee Contracts"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Lowell missed its enrollment target by dozens and has to make up at least $1M to float next year. [/quote] Is under enrollment a Lowell issue, or a general trend seen in the area’s other independent schools? [/quote] Both. Education costs are rising dramatically. Enrollment is trending down in independent schools. Smaller schools are needing to be creative to stay financially viable. Those with longstanding financial issues or living year to year based on enrollment are going to have less ability to get through lean years without program impacts. Lowell historically attracts more public sector familiars than trust fund families. As we all know, feds/nonprofits have been hit hard with layoffs and downsizing in the last year. Lowell gives out significant portion of their budget in aid, but there is far more need across the DMV in the last year. [/quote]
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