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Reply to "Will top privates ever put a cap on tuition?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Most people on here do not seem to understand that[b] rising tuition is directly tied to giving teachers a commensurate raise and-or cost of living adjustment each year[/b]. The tuition is also lower than the true cost per kid which is why annual fundraising is required.[/quote] So the entire staff is getting a 5-10% raise every year? No, they do not. Now, the costs are actually increasing because of 3 things: 1) Healthcare costs for employees 2) Upkeep of the facilities and technology the school "had" to have to keep up with the other private schools 3) Increased bureaucracy designed to help manage #2[/quote] I would also add lower yields on endowment dollars to this list. Risk free and low risk returns are extremely low so you either take risk with endowment dollars (not happening), or you squeeze returns.[/quote]
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