tuition, pricing, and financial aid trends
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Expert Q&A | Cary List What skills or literacies will today’s students need to prepare them for the future? Most importantly, to excel, I believe that students should have a respectful relationship with money. They should have a solid understanding of budgeting, debt and credit, and should understand the impact that today’s financial decisions may have on tomorrow. An awareness [...] |
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When Math Success Adds Up at Home Mathematics education is constantly changing. In previous generations, it has focused on arithmetic and procedural understanding. Today, educators need to prepare students for a world in which jobs haven’t been developed yet, using technologies that haven’t been invented yet in order to solve problems that we don’t know yet exist, says educator Karl Fisch in [...] |
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Reaching All Learners in Mathematics As UNESCO and a host of national and international organizations have made literacy a goal since the 1960s, progress has been “painfully slow” in halving illiteracy in much of the world where about 759 million youths and adults are unable to read or write. Even with the decades-long focus on improving literacy worldwide, mathematics (or numeracy) [...] |
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Raising the Piggy Bank Generation A major development is happening in the curriculum of Ontario schools, and the timing could not have been too soon. The Ontario Ministry of Education has announced that financial literacy will be required curricula for Grade 4 to 12 students in the entire province by September 2011. The ministry is now reviewing a report on [...] |
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Teacher salaries at independent and private schools Teacher salaries at independent and private schools Comparing apples to oranges What do teachers make at independent and private schools in Canada and the United States? That’s a very generalized question, and we can only offer a very generalized answer. The exact answer depends largely on experience, as do all questions of salary – in [...] |
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What the Tax-Free Savings Account Means for Teachers You may be wondering if the Tax Free Savings Account (TFSA) is right for you. The fact is a TFSA is a terrific account for educators – giving you new tax-free space where you can invest when your RRSP contribution room is limited. Here is how a flexible TFSA can help you hit the mark [...] |
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Why Cutting Tuition is not the Answer “The current economy.” Those words often reverberate with some fear—fear that your school is pricing itself out of the market. And then the question comes, “Should we lower our tuition?” Or, “How do we keep our school affordable?” The predominant response is “No.” Once you lower tuition—even as a temporary response to a current economic [...] |
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Weighing Financial Options Making the right choices during tough times The recent economic crisis has refocused attention on the financial sustainability of independent schools. Pre-recession discussions questioned whether tuition increases above the level of inflation were sustainable in the long term or would negatively affect the diversity of our students. The Higher Education Price Index (HEPI) continues to [...] |
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Shifting Revenues Ideas to keep tuition affordable On January 1, we bid farewell to “the naughts,” a decade many would choose to forget. Terrorist attacks, global warming, mounting casualties from war in the Middle East and economic turmoil dominated the news headlines. The last fiscal year has been gruelling for most educational institutions—even those with deep pockets. [...] |
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Online Giving: Six Tips to Help Your Efforts Online giving, once the domain of large non-profits and major fundraising organizations is now the mainstay of independent schools. The concept of having donors come to your website and leave a donation is very appealing. The process reduces costs and helps move away from time sensitive, periodic solicitations. It can ease the design, production and [...] |
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Expert Q & A | Simon Jeynes How can schools become more efficient? There are only two ways for schools to become more efficient: for teachers to teach more students per class, thus increasing income per salary; for teachers to teach more classes, thus increasing workload per salary. This is still assuming the 20th-century model of one teacher/one class/one classroom/one fixed period [...] |
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Expert Q & A | Patrick Bassett How can schools become more efficient? School leaders should evaluate their board composition and structure. What skill sets will you need in the next five years? Are your committees and task forces the right ones for the needs of the school? A good way to assess objectively one’s board efficiencies is to compare board data [...] |
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Culture Of Communication Save money while making your school shine Cut costs. Maintain services. And preserve your culture. That was the mandate delivered to Brent Hall, executive director of Discovery Academy, by the school’s board of directors recently. The therapeutic boarding school, located in Provo, Utah, charges families almost $6,000 (U.S.) a month for tuition. Despite a rocky [...] |
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