Reply To: tuition and home buying

besalel,

i’ve often wondered where the tuition figures come from? i assume that its simply; cost/#of students=tuition. fundraising covers shortfall and helps fund future needs (i.e. building/endowments).

honestly i am new to this game, but do the schools give out financials? i’d be interested in seeing any schools budgets? until we see the “total cost of a school” this is all theoretical.

lets work backwards for a second: if a class has 20 boys, each paying 7k that equals 140k. lets subtract 50k for the rebbi’s salary and 30k for the english teacher, we’re left with 60k to cover admin/building/misc. this seems reasonable to me.

with that said tuition shouldn’t be above 7k?

now you may say that not everyone can afford 7k per kid (which is totally understandable if you have a large famiy) thats where the fundraising kicks in to cover the shortfall.

the issue i have is with the cost shifting. i have no problem budgeting for a reasonable tuition, its the additional 3-4k of cost shifting funds that bother me.