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YUJIA
Joined: 07 May 2010 Posts: 14
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Posted: Thu Jun 03, 2010 5:55 am Post subject: |
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One of the problems exists in CSW right now is the rising tuition year after year. Students' families may feel it a pressure about the fee that continues climbing.
The solution that our group came up with is to make a standard New Student Enrollment Fee (NSEF) policy for the new students that enter CSW in the same year-- for example, Lily came as a new sophomore at CSW in September 2009 and Ben came as a new freshman in the same year, then the tuition for both Lily and Ben will remain the same until they graduate. NSEF means that Lily will pay three $45,000 for her three academic years at CSW and Ben will pay four $45,000 for his four years at CSW. For those who are coming to CSW in September 2010, each of them are paying 1.2% (for example) the tuition of the previous year, and each of them are going to pay the same amount of money for every academic year that they stay at CSW.
NSEF is a policy that I think worth trying at CSW but in the mean time a lot of problem are raising up as well...
Can people think of the problems that may be caused by the NSEF? |
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BChangy
Joined: 07 May 2010 Posts: 33
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Posted: Thu Jun 03, 2010 6:03 am Post subject: |
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Ilike sadd
that's a great idea!
The only problem is that te school would have to be cautious in their advertisment. If facebook is willing to pay the school $1000 for a day of advertisment on the quad that would be a problem as it would appare as though CSW supports fb in helping students. This could be a problem as students will see the advertisment all day and will want to check their fb on a constant: taking away from their education rather than helping it. |
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Jessica.Santos
Joined: 07 May 2010 Posts: 21
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Posted: Thu Jun 03, 2010 7:19 am Post subject: |
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Mei and i focused on these problems:
endowment
tuition
standardize testing
enrollment
Ideas to help "fix" these issues:
Tuition: should be based off of the family's salary, so it will have an equal effect on all families (ie. 20% of salary) so there is less need for financial aid. But if not so wealthy families have their children go to csw that could be an issue.
Endowment: Every year a certain amount from each child's tuition gets put into the endowment so it continues to grow.
Enrollment: CSW should have a certain criteria that children need to become accepted, so the kids who really wish to attend will most likely be willing to pay a higher tuition, than students who don't have as much passion for what school they attend.
Testing: there should be required classes through the four years of high school that touch at least the minimum that standard testing calls for, so that students can be prepared for these tests and call still choose their other classes. And a d block class should be offered on ways to improve on how to handle taking a standardized test.
these are just ideas. we didnt have numbers and we couldnt even imagine them (at least i couldnt) it was just a kick to get going but obviously this could not pick csw off from rock bottom. |
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Jessica.Santos
Joined: 07 May 2010 Posts: 21
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Posted: Thu Jun 03, 2010 7:24 am Post subject: |
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I also think what yujia posted about the NSEF, is an incredible idea. that way families will not complain about changing tuition. but the only problem i see with that is what if tuition goes up one year. will the new students (well their providers) have a hissy fit over the fact that all the other grades are paying less? |
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sarahislahf
Joined: 11 May 2010 Posts: 21
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Posted: Thu Jun 03, 2010 8:06 am Post subject: |
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We talked about
rising cost of tuition
student demographics
number of enrolled students
we proposed some programs that would require an intital investment that would be eventually eclipsed by profit-- like a dynamic, ongoing exchange program with a foreign school where students there would come here and our students would go there which would an incentive for new students to come to csw and create a new demographic that would be beneficial to everyone.
also, maybe building a new dorm to accommodate more boarding students and try to bring in students from around the country as well as the immediate area-- ultimately bringing in more students.
one of the problems is balancing the investment, and risk, with future profit. |
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sarahislahf
Joined: 11 May 2010 Posts: 21
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sarahislahf
Joined: 11 May 2010 Posts: 21
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Posted: Thu Jun 03, 2010 8:13 am Post subject: |
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evan-- we talked about being sponsored by a company too. but that would immediately be at odds with csw values, so in the long run it's a case of what we ultimately place value on, resources or integrity. but a lot of times being about to choose is kind of a financial privilege.
Last edited by sarahislahf on Thu Jun 03, 2010 9:11 am; edited 1 time in total |
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Jessica.Santos
Joined: 07 May 2010 Posts: 21
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Posted: Thu Jun 03, 2010 8:25 am Post subject: |
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in response to sarah:
yeah i can see how things could get complicated, but i am basing everything off of the one provider, one name. then the family can deal in other ways. so whoever enrolls the child will be the person who we look at financially. but im sure there are other big blemishes in it that i cant see now.
and to response of a company sponsor, i dont think thats a good idea because even if you have a company sponsor 100 dollars for a fund raiser they advertise so much it takes over what you are doing (...sadly i know that from face aids, and trying to do stuff there). |
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dokim
Joined: 07 May 2010 Posts: 23
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Posted: Thu Jun 03, 2010 9:09 am Post subject: |
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i agree with yujia's idea.
We considered that rising tuition problem is the main problem and number of students who's coming in the future.
We found the one great soultion is that the investor. If someone donate the money for school, then it will be great ^^
Also, we discussed that running the dorm not by school but by private company. Then, school can save money a lot.
The last one is this can be unrealistic solution, but make Dunkin and Donuts can be a good solution. If school make it in our school, then i am pretty sure many people will buy food so school can earn a lot of money. However, the problem is there's not much space to build it in our school and in order to make it it costs a lot.
School should get average students because if school let too much students to entrance in the school, then school should spend much money about the food, facilities, dorms.
so they should consider about to new students. |
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zaronson
Joined: 07 May 2010 Posts: 17
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Posted: Thu Jun 03, 2010 5:09 pm Post subject: |
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So far my partner and I only though of one "act" or solution to the problem of rising tuition. All ideas that we cam up effected all other problems in some way or another. We created a solution that involved new students paying more than the past years students (a undetermined amount) and they kept that fixed tuition for the rest of their high school tuition. For example, If i was a freshman this year and i pay 40 grand, i will pay 40 grand for each year at CSW, freshman, sophmore, junior, and senior years. But next year when im a sophmore, the new freshman will have a new, slightly higher tuition. Our hope from this act is that perspective students parents will be intrigued buy the idea of a determined rate for all four years of their child's schooling, and can be reassured that the rate won't rise for them. |
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zaronson
Joined: 07 May 2010 Posts: 17
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Posted: Thu Jun 03, 2010 5:13 pm Post subject: |
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I dont necessarily with DoKim's (Tony?) solution for dorm life by having it run my a separate company but i don't know the details of the solution. If you could explain that in further depth if at all so i can understand how that would save more money. I think even if it did save money, rules and regulations made by this company might now be agreed with my the CSW community and we would have no voice in decision made for the boarding community. |
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