Is education a marketable business?

1 Answer

Answer :

answer:Although it seems like it would be lucrative (the tuition costs are outrageous!) private schools are not big money makers. The cost of running such a place is so incredibly high as to be barely offset by the income of the tuition and alum donations. You are limited as to number of students, people pay for smaller classes and more personal attention for each student. Private school teachers make less money than public school teachers, but still need a decent salary and good benefits. Insurance rates are astronomical for a private school, any institution that deals almost exclusively with minors will cost the earth to insure. That’s just a few of the cost factor issues, there are more. Support staff, maintenance, equipment, etc etc etc. Demanding doesn’t begin to cover it, even if you don’t consider the costs. You would be dealing with lots and lots of very demanding, wealthy, parents. Unless you are mentally and emotionally prepared, that alone would be a good argument against. Sorry to be so abrupt about this.

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