Industry Analysis & Industry Trends
Revenue for the Private Schools industry is expected to increase, as the economy continues to recover. During the five years to 2015, enrollment decreased, which was a trend attributable to rising costs and competition from charter schools. However, in the next five years, household income is anticipated to increase, making it easier for families to afford private-school tuition. Additionally, enrollment declines will lesson, resulting in more stable demand for private schools... purchase to read more
Industry Report - Industry Products Chapter
Private schools can be broadly segmented into Catholic schools, other religious schools and secular schools. More than 95.7% of private schools are co-educational, 2.4% are all-boys schools and the remaining 1.9% are all-girls schools. Most private schools are relatively small. 82.7% of schools have fewer than 150 students enrolled and 32.8% have fewer than 50 students enrolled.
Catholic schools can be broken down into parochial, diocesan and private, depending on the source of their funding. Catholic schools are estimated to account for 27.1% of industry revenue, but 42.2% of total enrollment. The disparity between revenue and enrollment is due to Catholic schools' low tuition fees... purchase to read more