Private School Tuition Troubles Not Local

Parents of NYC Private School students have been troubled by the increases in tuition payments for years. It is a rite of the season to discuss and bemoan the yearly tuition hike at just about every school, but it may be worth acknowledging that NYC is not alone in the financial crunch with school tuition.

In a recent article in the Washingtonian, the local tuition increases and effects on student families was discussed along with some statistics.

During the last decade, area private schools have enjoyed a golden age. Riding the crest of the strong local economy, they’ve been able to expand programs, increase teacher salaries, renovate buildings, and bankroll new state-of-the-art facilities.
But as tuitions have climbed, lots of Washingtonians have struggled to keep pace

In 1998, tuition at the Bullis School in Potomac was $14,000. Last year, tuition at the coed private school—which goes from third grade through high school—was $28,430. Even after accounting for inflation, that’s a 54-percent jump. At Beauvoir in DC, kindergarten this year costs about $6,000 more than in-state tuition at the University of Maryland.

The current data on Washington Private School tuition is published the paper’s guide to private schools, put out every November.

We crunched the numbers and saw a trend that wouldn’t surprise most tuition-paying parents. From 1998 to 2008, most private schools raised tuitions by 5 to 8 percent annually. At almost every private school—whether boarding or day, single sex or coed, religious or independent—tuitions have doubled in the last decade.

Related posts:

1. Tuition Costs at Private NYC Schools
2. Median Tuition and Financial Aid Grants at Private Schools
3. Reduce Private School Tuition Costs
4. Financial Costs and Private School Tuition
5. National Private Schools Financial Aid Requests Increasing

Tagged as: nycp private school, Tuition