Anonymous wrote:Anonymous wrote:Have you read the budget that your school probably publicizes? It's all in there, where your tuition money goes and where donations and endowment make up the difference. Please don't be skeptical and make accusations of "vague language" if you have not examined the annual budget.
You are responding to me. I do read the budget, at least all the publicly available information (I am not on the board).
Careful reading is how I know there isn't a $9,000 "gap" between our $30,000 tuition and "what it costs to educate a student at ___." The actual differential is between the $30,000 we pay annually and "what is costs" to pay down debt on spurious capital projects and programs (biggest ticket item), as well as the financial aid fund.
Let's just say, for the sake of argument, that I don't believe my tween daughter needs an underground athletic facility that rivals those offered in the Big 10 in order to receive an "education." I am then understandably peeved when DH and I receive the slick marketing literature and calls informing us that our $30,000 doesn't cover the annual amortized cost of that Big 10 underground athletic facility.
It's parsing language, I agree -- what does "educate" mean? but those who don't read the annual budget are I think lulled into believing that their $30K doesn't cover teacher salary and textbooks or something. That's intentional on the part of those crafting the message. That pisses me off, what can I say.
If you don't think your daughter needs an underground athletic facility and other "spurious capital projects and programs," withdraw her from the school. Attendance is voluntary.
Anonymous wrote:Anonymous wrote:
Let's just say, for the sake of argument, that I don't believe my tween daughter needs an underground athletic facility that rivals those offered in the Big 10 in order to receive an "education." I am then understandably peeved when DH and I receive the slick marketing literature and calls informing us that our $30,000 doesn't cover the annual amortized cost of that Big 10 underground athletic facility.
Your tween daughter may not find it important now, but she may in 9th or 10th grade. Or she may not find the gym important, but the drama or arts facility might be of her interest, while the gym may be integral to some of her classmates. Either you like the academic offerings, or you don't. Either you like the facilities, or you don't. The thing to remember is that, unless one is at a public school, somewhere along the line, parents got together and pooled money to buy and/or build the facilities your child is using today. Many schools in DC have recently undergone transformations from their campus plans from the 1950's to a 21st Century model. This is true of Maret, GDS, Sidwell, NCS, St. Albans, Field, Burke and others. It is all optional. You can always send your child to another school - there will be plenty of people who will appreciate what your are finding fault with in the quote cited.
Anonymous wrote:
Let's just say, for the sake of argument, that I don't believe my tween daughter needs an underground athletic facility that rivals those offered in the Big 10 in order to receive an "education." I am then understandably peeved when DH and I receive the slick marketing literature and calls informing us that our $30,000 doesn't cover the annual amortized cost of that Big 10 underground athletic facility.
Anonymous wrote:Have you read the budget that your school probably publicizes? It's all in there, where your tuition money goes and where donations and endowment make up the difference. Please don't be skeptical and make accusations of "vague language" if you have not examined the annual budget.
You are responding to me. I do read the budget, at least all the publicly available information (I am not on the board).
Careful reading is how I know there isn't a $9,000 "gap" between our $30,000 tuition and "what it costs to educate a student at ___." The actual differential is between the $30,000 we pay annually and "what is costs" to pay down debt on spurious capital projects and programs (biggest ticket item), as well as the financial aid fund.
Let's just say, for the sake of argument, that I don't believe my tween daughter needs an underground athletic facility that rivals those offered in the Big 10 in order to receive an "education." I am then understandably peeved when DH and I receive the slick marketing literature and calls informing us that our $30,000 doesn't cover the annual amortized cost of that Big 10 underground athletic facility.
It's parsing language, I agree -- what does "educate" mean? but those who don't read the annual budget are I think lulled into believing that their $30K doesn't cover teacher salary and textbooks or something. That's intentional on the part of those crafting the message. That pisses me off, what can I say.
Have you read the budget that your school probably publicizes? It's all in there, where your tuition money goes and where donations and endowment make up the difference. Please don't be skeptical and make accusations of "vague language" if you have not examined the annual budget.
Anonymous wrote:but my paying full tuition does not cover the full cost of my DS's attending the school. It costs the school something around $8000 to $9000 over the charged tuition fee for each student each year.
That is what they tell you (and me too) but I am skeptical because the terms aren't defined -- even in the annual report. For example, some of that __ thousands of dollars is paying down debt on a luxe arts/sports facility that is 1. over the top and on par with a swank college and 2. not actually necessary if everyone's is being honest. And that's just one example. I feel jerked around by the purposefully vague language schools use when they attempt to guilt-trip parents that our tuition "doesn't cover" the cost.
There are some intelligent thoughts on this very topic ["closing the gap"] imbedded in other threads, with some insight from Big 7 board members.