I have only been open a year as well. I built into my contract a 5% tuition increase each year effective in September.

Here are three relevant blog post from Tom Copeland on increasing rates:
http://tomcopelandblog.com/how-to-ta...g-your-rates-2
http://tomcopelandblog.com/easiest-way-raise-rates
http://tomcopelandblog.com/how-to-raise-your-rates-2

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