Cost of replacing a South Carolina principal: $24,000, says new study
South Carolina school districts might save money by paying their principals higher salaries rather than paying the price of replacing them every few years, according to a new University of South Carolina study.
A team of researchers broke down the expenses associated with hiring high school principals in six South Carolina public school districts and determined the average cost of replacing a principal, including supplies, training and personnel time spent working on the search process, was $23,974.29.
The highest replacement cost was $51,659.27; the lowest was $10,413.03.