The Free Dictionary of Idioms defines the phrase, Throwing Good Money After Bad as “to waste additional money after wasting it once.” Or “to spend more and more money on something that has already failed.”
Many Christian school leaders make decisions based on experience and “feel.” Certainly, some decisions can be made without collecting data in a systematic fashion. However, a formal data-based decision making process can help Christian school leaders identify important variables related to more efficient operations and decision making than relying on past experiences, memory, or feel as they make important changes and adjustments to culture and tradition.
While it may seem right to continue down this path of the perpetual fundraiser, Christian schools must understand that it will never help establish nor achieve a sustained program of development. The funding gimmick that collects little bits of money here and there can actually stand in the way of a true development program’s effectiveness. These smaller fundraisers are often referred to as “painless fundraisers”, but in reality are causing yourself more trouble than you might realize.
If you have considered raising tuition by a significant amount (>5%) the reaction from parents has likely been varied. Typically, few families will balk at a slight tuition increase, but could react negatively to a heftier increase if your reasoning is not well thought out, prepared for well in advance of an announcement, and announced to the school community at least one to two months ahead of re-enrollment time.
The following bullet points are from Dr. Gordon Brown's book Guiding Faculty to Excellence, Chapter 8 - "Motivating Teachers to Excellence." It is not hard to see why many Christian school teachers abandon the "calling" they once were emphatic about pursuing. It is not likely the school they have chosen to work for, the students they encounter, or the parents who beckon their call. More often than not, attrition in the Christian school teaching ranks comes down to leadership supervision and properly motivated encouragement toward continued growth.