ERIC Number: EJ469060
Record Type: Journal
Publication Date: 1993
Reference Count: N/A
Cost Containment: Phillips Academy's Approach.
Cullen, Neil H.
Business Officer, v27 n3 p44-48 Sep 1993
Steps taken by Phillips Academy (Massachusetts) to contain costs during a serious deficit included short-term measures (increasing tuition and some fees, increasing enrollment, tightening administrative procedures, reduced personnel costs, and reducing programs) and long-term actions (early faculty retirement, increased retirement benefits, revised health insurance, new service contracts). (MSE)
Descriptors: Case Studies, College Preparation, Educational Finance, Financial Exigency, High Schools, Money Management, Private Schools, Program Descriptions, Resource Allocation, Retrenchment, School Administration, Secondary Education
National Association of College and University Business Officers. 1110 Vermont Avenue NW Suite 800, Washington, DC 20005. Tel: 800-462-4916; Tel: 202-861-2500; Fax: 202-861-2583; Web site: http://www.nacubo.org
Publication Type: Reports - Descriptive; Journal Articles
Education Level: N/A
Audience: Administrators; Practitioners
Authoring Institution: N/A