Institutions in this industry provide primary and secondary classroom education not associated with public school systems. No major companies dominate the industry.
Demand is driven by perceived inadequacies in the public school system as well as the desire for a specific curriculum or school culture. The success of an individual school depends largely on its reputation for quality. Large schools can offer a wider range of instruction and have some economies of scale. Small schools can be successful by providing instruction in a special field.
Products, Operations & Technology
About 45% of US private schools provide education only through the primary grades (from kindergarten through the fifth or sixth grades); about 15% provide only secondary education. Operations are similar to those at public schools: schools hire teachers, administrators, and support staff; buy educational and other materials; and buy or rent buildings and other space for classrooms and other student activities. Larger schools may operate food and sleeping facilities.