National News Roundup
Average salary increases for school principals this year are the lowest on record, according to a survey released last week by the National Association of Secondary School Principals.
The average increases from the 1991-92 school year to the current one for high school, middle level, and elementary school principals were about 2 percent, according to the association, which started compiling such figures in 1973.
The average salary for high school principals this year is $63,054, an increase of 2.04 percent over last year. Principals of middle and junior high schools earn an average $58,620, up 1.9 percent, and elementary principals average $54,905, a 1.91 percent increase.
Last year, high school principals averaged a 4.5 percent increase, bringing their average salary above $60,000 for the first time.
This year, some categories of principals and assistant principals received pay cuts, the survey found.
Copies of the "Adminstrative Information Report'' are available for $2 each from NASSP Publication Sales, 1904 Association Drive, Reston, Va. 22091. The ordering number is 1609302.
KinderCare Learning Centers Inc., the nation's largest child-care company, has sold its remaining 50 percent stake in a chain of supplementary-education centers and plans to concentrate on child care.
The Birmingham, Ala.-based child-care firm sold the rest of Sylvan Learning Centers Corporation for $8 million on Jan. 29 to Sylvan KEE Systems Inc. of Columbia, Md.
KEE Systems Inc. purchased 50 percent of Sylvan from KinderCare in 1991, creating Sylvan KEE Systems, which has been managing 460 Sylvan private after-school-education outlets in the United States and Canada.
KinderCare announced a restructuring plan last fall to reduce the company's long-term debt.
"The sale of Sylvan is part of our corporate strategy to concentrate on our core child-care business,'' said Tull Gearreald, the president and chief executive officer of KinderCare, which operates some 1,200 child-care centers in 40 states.
Douglas Becker, the president and chief executive officer of Sylvan, said the firm had always hoped to acquire 100 percent ownership of the business, "so we jumped on this opportunity.''
Sylvan strengthened its position in the after-school tutoring and supplementary-education market last fall when the new owners of its largest competitor, American Learning Corporation, agreed to convert most of its Britannica Learning Centers to Sylvan franchises.
Vol. 12, Issue 20