Industry Analysis & Industry Trends
Operators in the Private Schools industry are adjusting to steadily declining enrollment and increasing competition. Due to continued drops in enrollment, mounting competition from charter schools and the poor economy, revenue fell in the five years to 2013. However, as the economy recovers over the next five years, household income increases and government funding becomes more readily available, revenue will slowly climb... purchase to read more
Industry Report - Industry Analysis Chapter
Over the past five years, Private Schools industry revenue has declined at an annualized rate of 0.1% to $53.0 billion, and includes an estimated 2.8% decline in 2013. The industry has experienced falling and low enrollment during the period, which is attributable to rising costs and competition from charter schools. Most private schools operate on a nonprofit basis, although for-profit private schools are becoming more common, and therefore 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 and relatively advanced facilities, however these offerings come at an increasingly high price... purchase to read more