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Private schools that paused tuition increases during the pandemic are yielding to inflationary pressures, as are other cost centers in household budgets. The average rise is 2.3%, but some schools are playing catch-up on hikes delayed by COVID-19. Punahou School is going up by 5.2%, for instance.
Of course, schools also need to weigh countervailing forces, such as a shrinking pool of families who can afford rising tuition. Watch next fall’s enrollment numbers to see how well they calculated this.