<p>Does anyone know if private schools are increasing tuition for next year? If so, what school and what is the percent increase in tuition?</p>
<p>Given these challenging economic times plus the possibility that the overall price level may well decline over the coming year, one would hope that private schools are holding the line on tuition.</p>
<p>they will for boarding schools because, regardless of economy, the tuition has risen by around 5% every year. i know several private schools are like this, however, they're the kinds that have little endowment but many students as it's a reputable school (one is harker in CA; their tuition rises 10%? it's on their website, too lazy to check)</p>
<p>i think boarding school tuitions won't actually rise much from the decrease in economy, i have a feeling they will be spending less on FA and more on setting their tuition in stone, because full pay students are what essentially keep the school running and if full pay families can't keep up with sudden 60k tuition payments, then the school will not be able to function properly without students.</p>
<p>it would be significant, but not unrealistic</p>
<p>I actually don't think thats true, westcoast. Andover and Exeter (the two schools I've researched and am applying too), are raising tuition by 1% (the lowest raise in like 10 years) and are keeping their under 75k policies. Boarding schools with huge endowments make much more from investing than they do tuition. On average, Exeter spends 65k on each student per year. The tuition is only a little over half that. </p>
<p>So, in answer to the OP's question, I think that HADES will probably due the same as Exeter and Andover by only raising tuition a little, keeping same FA policies, but cut back on renovations, freeze teacher salaries (exeter did this), and maybe increasing the size of the student body with 20 or so full pay students (again, exeter did this).
Just what I read in the Exeter/Andover papers.</p>
<p>Could you please post the link to the Exonian if you have it...thanks!</p>
<p>I would love to Pom, but I have a subscription to the actual paper, it's not online (as far as I know). I try to post the important facts I read in it on here for you guys =), if you want to know how to subscribe to it, PM me and I'll tell you how to contact them.</p>
<p>I am hearing 5% increase from school officials. </p>
<p>To give you an idea, in Andover's case, about 40% operating budget comes from endowment and 10-15% from annual fund, and the rest comes from tuition.</p>
<p>My D's school only raised tuition $1K. And in 4 years the rate has risen just under 12%.</p>
<p>I have been told by my College Guidance counselor that colleges and prep schools(I assume boarding schools follow the same strategy) ARE NOT trying to make it all up in one year. Supposedly the loss for most schools will be 20% off their investments. He said that it didn't matter that if the schools raised tuition or not. Alumni support is still supposedly pretty reliable from the upper tiers during times of recession.(E/A have been through more then 200 years of financial volatility...)</p>