Reply To: Tuition: Are We Paying Enough?

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#1888479
midwesterner
Participant

Syag; Not 100% sure what came first; the chicken or the egg, Whether full tuition was set high because of the need to give scholarships, or in response to budget shortfalls due to scholarships. Either way, that is definitely the situation now. Take the school budget, subtract JUF and government subsidies, and divide the remainder by the student body, and you’ll get a number less than full tuition.
There are many other moving parts in those formulas; fundraising and the like. So it’s not quite so simple. But the higher number is set to get the board a little head start in fundraising. And many of those people on the boards who are setting those fees are taxing themselves so to speak as they are largely the full payers. (Not me, but they have to have some of our types on the boards as well to justify across the spectrum representation.) But they know the responsibility, and they largely step up to the plate to take responsibility.