This financial idea of the week is meant for anyone who is dealing with prospective parents who are questioning why the cost of tuition is not on your website. I’ll start with what you can say to these parents, and then explain the philosophy of it a bit more.
As I ponder the future, I have concluded that we no longer have the luxury of Principals not being involved in financial aid decisions. Yes, principals do need to know the amount of financial aid given out because only then can they truly be accountable for net tuition income.
How to justify and explain to parents the reasons for increasing re-enrollment and registration fees for retention using the Love and Logic method.
