Is There an Independent School Tuition Bubble? [Podcast Ep.29]

September 20, 2019 Peter Baron and Hans Mundahl

Schools have been raising tuition faster than the rate of inflation for many years. Heads, boards, and enrollment professionals are beginning to wonder when they will price themselves out of the market. That’s one of the factors that led John Lewis Head of School at The Gunston School to wonder if we are experiencing a tuition bubble. In this episode John advocates for taking the long view when it comes to tuition and pricing and describes macro-economic trends we should all pay attention to. John also outlines strategies The Gunston School is taking to more strategically manage their tuition.

 

About the Author

Peter Baron and Hans Mundahl

Peter Baron is EMA's chief member relations officer, responsible for the creation and oversight of our external programs as well as our membership promise. He oversees marketing and communications, member recruitment and retention, and outreach functions, as well as leadership training programs, research, and other related strategic initiatives. With a career spent in product development, sales, relationship development, and marketing, Peter's success has been built on listening to schools' and families' needs. Hans Mundahl is EMA's director of professional development and has been an educator since 1995, when he first stepped into the classroom as a Fulbright exchange teacher in the former East Germany. Since then, Hans has taught in a variety of settings, including as an Outward Bound instructor, classroom teacher, house parent, and in higher ed. Hans has served in just about every role possible in an independent school including as an admission officer, program leader, trustee, and head of school.

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