Industry Analysis & Industry Trends
Operators in the Private Schools industry are adjusting to steadily declining enrollment levels and increasing competition. Due to continued drops in enrollment, mounting competition from charter schools and the poor economy, revenue is expected to grow only slightly in the five years to 2014. However, as the economy recovers over the next five years, household income will increase and government funding will become more readily available, leading to slow, steady growth. Additionally, the number of enrolled students is forecast to increase and the high school retention rate is expected to grow slowly... purchase to read more
Industry Report - Industry Analysis Chapter
Over the five years to 2014, revenue for the Private Schools industry has marginally increased at an annualized 0.1% to $53.7 billion, including an estimated 1.2% decline in 2014. Enrollment levels fell during the period, a trend attributable to rising costs and competition from charter schools. Most private schools operate on a nonprofit basis, although for-profit private schools are increasingly common and have a relatively low profit margin.
According to a National Assessment of Educational Progress study, private schools often outperform public schools in achievement tests and provide safe, relatively advanced facilities. However, these offerings come at an increasingly high price... purchase to read more