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[quote=Anonymous][quote=Anonymous]One poster is hovering on this thread repeatedly, and falsely claiming, that NW DC privates do not take in 40 million a year in revenue. Every time he/she posts he under-reports either the enrollment ( under-reports by say 500 students) or under-reports tuition ( ignores that this year every school hiked tuition 4-6 % again, just like they did the year before and the year before , and the year before. My point is: if this were any other business, would not the consumer balk at the price of the product DOUBLING in 6 years ? Just where , where, is the 40 million in annual revenue going ? where?

Keep in mind, these figures are based on LAST YEARS Tuition, and next year it will be $2,000- $3,000 more at every school.

Sidwell: Enrollment( from their website) : 1,075 X tuition $35,000 ( last years figure)= 37 million in tuition revenue alone ( before we get to capital campaign, annual fund)

GDS: Enrollment( from their website) : 1,075X tuition $35,000( last years figure)=37 million in tuition revenue alone ( hey, any GDS parents know what their cc raised this year?)

Cathedral Schools: Enrollment( from their website) : 1,150 studentsX $37,000( last year)=42 million in tuition revenue alone( ? capital campaign/? annual fund)

WIS: Enrollment( 850)X $32,000= 27 million in tuition revenue alone ( ? capital campaign)

All of these schools claim non-profit status. So, where do these amazing profits go ? teacher salaries ? Anyone talk to any teachers lately ?

seriously, why has tuition quintupled in  last 20 years and doubled in the last 6 years?   where the heck is all that money going ? Capital campaigns have paid for the building improvements and IT additions, so THAT is not where money is going.[/quote]

Just one example of why your posts lack credibility: the three Cathedral schools (Beauvoir, St. Albans, and NCS) all function separately with separate budgets, development, and faculty and staff (with some minor shared "back office" FTEs under the umbrella of the Cathedral).

Moreover, for the "tuition revenue along" figures you cite, you ignore financial aid.  St. Albans alone, with enrollment of 575, gives $4 million in financial aid -- your aggregate figure ignores that, let alone the financial aid awarded by NCS and Beauvoir.  Sidwell Friends School gives over $6 million annually in financial aid (http://www.sidwell.edu/about_sfs/index.aspx).

You are financially illiterate, and I've wasted too much time already trying to give factual answers to your off-base assertions.

Again, I agree that independent schools in this area are charging too much and that the model is unsustainable.  I just choose to be rational and data-based in my analysis of the issue.  (You . . . not so much.)[/quote]

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