Posted on 02/28/2006 6:15:27 PM PST by george76
Tuition and fees at some New York City private high schools will cost more than $30,000 for the school year ...
New York already boasts the highest private school tuitions in the country, but prices at some schools will now surpass even the cost of sending a child to Harvard...
Riverdale Country School, located on a leafy oasis in the Bronx, will charge $31,200 for tuition, lunch, and books for grades six through 12.
Bus service from Manhattan costs an additional couple of thousand dollars.
Parents are looking to spend about $400,000 before their children even get to college.
Undergraduate tuition at Harvard this year is $28,752,plus room and board.
"We're so out of whack that we think that it's okay to pay more for Riverdale than for Harvard - people around the country are laughing at us,"...
about 70% to 75% of a school's budget goes toward funding faculty salaries and benefits.
"The thing that kills schools, like everybody else in the world right now, is medical costs. You see double digit increases...for medical insurance," ...
Despite the hefty price tag, tuition only covers about 85% of a school's expenses.
Many schools still rely on annual fundraising campaigns to cover the remaining costs...
"I think a lot of parents at a lot of schools will not be as generous in their additional giving as they been in the past," ...
The city's public schools say they spend about $13,000 a student a year, though some city officials say that understates the public funding for each student, which by some estimates reaches as much as $18,000.
The city's Catholic high schools get by on about $6,000 a year.
(Excerpt) Read more at nysun.com ...
Rugrats are expensive. It's better to rent than buy...
the wife and I are looking at something like $5000 a year when we send our kids to privates schools.
Of course, that is if we had kids right now, which we don't.
So college will be cheaper ping?
Yet another of the 678,831 reasons why I will never live in New York again. The liberals there are reaping exactly what they sow. Pretty soon, if it isn't this way already, the only people left living in NY will be the extremely rich, and the extremely poor. Liberalism at its finest.
the people who send their kids fo these schools - have the cash. its petty cash for most of them.
Wow, can you imagine spending that kind of money on your kid and he becomes the next Taliban Johnny? I'd rather take the cash and invest it in a nice retirement house on the lake than risk relying on a 30 year-old Shakespeare-quoting french fry chef.
You mean every parent doesn't have to buy the school a new gym, like my parents were required to for me to get in?
here's hoping so!
All of these liberals areas will only have the billionaires and their servants.
The rest of us will leave.
Money is no object for the I-bankers in NYC. I know a Goldman parent with three kids in Pre-K right now. For the three of them its $45,000 for Pre-k.
That's for just under 3 hours of school a day.
That pet rock is looking very reasonable.
In truth, some of these schools are very, very good with high academic standards and worth every penny. Some of them are nothing more than holding pens for the imbecile children of over-privileged imbecile parents.
The truth of the matter is, it's still possible to get a first rate public education in NYC if a kid is highly motivated.
but the truth is, NYC has lots of middle and upper middle class jobs. unions and government workers are well paid, and these very wealthy people buy alot of services - and emplyment in services is the main engine of economic development in the US labor market.
standing between a wealthy person and something they want - their kids private educations, their Bentley dealers, high end restaurants - is a good way to earn money.
Three hours for $45,000. Wow.
Go with the Chia Pet--there's more nurturing involved and, thus, a tighter bond.
Dead on.
I live in CA and it runs $6K/yr for each kid. Maybe one day, before my kids are in college, vouchers will be approved.
My daughter will be graduating from Catholic shool (grades 1-8) this year (tuition avg around 3,000-3,500 per year) High school is 9,000 next year at the Catholic High School that she was accepted in. Let me just say that it was worth EVERY PENNY and I look foward to spending 36,000 for High school. Serveral weeks ago, we were driving to dance and the Effing John Kerry was on the radio speaking about Martin Luther King (day) and my daughter turned to me and said this guy on the radio sounds very "royal" but that he has very bad english.... LOL I told her that was JK the guy who wanted to be president.
Sorry, had to fix it fer ya.
There are wonderful communities in which to raise a family and send your children to the local school.
Further, families with incomes in the many many millions don't see the cost of private schooling as exhorbitant.
It's all relative.
indeed, you walk around manhattan and see S Classes parked on the streets as if they were matchbox cars. nobody should worry that these people can't afford their kids tuition.
That's like saying a you have to be a millionaire to buy a car. If someone wants to buy a Bentley or a Rolls Royce, that's fine, but they shouldn't act like there are no cheaper cars on the market.
maybe maybe...
since I am still at least 6+ years away from it, the wife and I already have a fund set up for our kids education, at least through high school....college may be another thing.
We broke up because he had a cat. I'm severely allergic to cats. I told him ME or the CAT. You can guess which one he chose!!!
When vouchers are approved the tuition will equal the vouchers plus $6k. Remember, private schools are in business to make money. If there is a demographic of parents willing to write a check for a $6k education pre-voucher, then there is a market for a $6k education after vouchers.
And the schools no longer supply pencils, crayons, glue, 'add various other supplies'.
Then there are the costs for the school trips.
The fund raising falls on the parents to buy.
Our school has slapped us with surcharges requiring a minimum of fund rasing sales.
Then add on if the kids want to join activities.
The costs are out of control.
Do you only have 1 child?
Most of the average private schools around here (San Jose) are $10K, and the good ones are $20K. With 3 kids, that's $30K-60K a year. I keep on thinking I could homeschool them and then pay a private tutor to supplement what I am doing for much cheaper.
I don't plan on having kids until I am in my prime money-making years. By then, I should be making enough bread to get them out of the state-sanctioned day care centers known as "public schools."
No, it's like saying calculate the expenses of the car into the price you'll be paying.
Kids? Sure, they're cute and they may even grow up one day to cure cancer, win the World Series or end world hunger (a long shot, but it could happen). However, until that time they are money sucking vortexes and black holes of needs.
Sound familiar?
My kids go to private school. If I add up the years they will be in private school and multiple it by the amount of children I have...I'm looking at 6 figures.
That is not petty cash for me.
If I homeschool, they lose out on the socialization.
If I send them to public school, they will be in a school that has gang fights no less they 12 times a week.
That's what we thought, but the good Lord had other plans in mind for us.
We were planning on 2 kids. He gave us identical twins after our first kid. Both twins almost died of a respiratory infection, and one has brain damage.
We have spent thousands of dollars every year on speech therapy for the twins, occupational therapy, preschool, and then all the basics.
We cannot afford to pay 3 kids private tuition, plus the therapy for my daughter with brain damage.
You think you are prepared, but God has other things in mind. I thought my kids would never go to public school, but they are all in it.
Good choice.
westchester has some excellent public schools, so do a fair number (but shrinking) of districts on long island.
If you lived in NYC, would you send your kids to the Publik Skools? Hell, you'd have to put a gun to my head to send my kids to a public school on Lawn Guyland, let along Manhattan.
You know better than that -- what about Bronx Science or Stuy, or the School for the Performing Art?
Tha article cites it as a private school. Read it again.
True, but your average graduate of Dalton is more likely to be calling the shots at Goldman or Citibank than the kid who graduates from Exurban Public High School in McSuburb, Texas.
Bless you all.
in kalifornica your wait will be an ETERNITY!
Sounds like some moving trucks might be headed from Manhattan to Greenwich and Morristown.
to $31,000 private schools in manhattan and riverdale?
I wasn't referring to private schools in general - I understand that some parent's do stretch to make that bill for their kids, I was only talking about the people who send their kids to these kinds of private schools. when you are pulling down $700K on wall street, with a $500K bonus - they can afford it.
In truth, your average PS in the city is no better, no worse, than what you find in suburbia. Of course, don't tell that to the folks on Lawn Guyland and Leftchester who pay enough in property taxes to send two kids to private school.
Just pray you don't have a child with special needs.
Most private schools can't handle kids with special needs. Even if they do, then parents have to pay extra for therapy, resource specialists, etc. Not to mention, parents then have to drive to all of those therapies.
I'm not saying public schools are great. We're having a horrible year this year. But the reality is that it is very difficult to handle a special needs kid, and sometimes that means sending them to public school.
garden city, oyster bay, north shore places like glen cove and port washington - all very good.
Not to sure how familiar you are with CA education. The state has tried to implement a high school graduation test as a requirement of graduation. The state delays the implentation each year because not enough students can pass. Each time this year, all the liberal newspapers, report that the test is racist against those that can't speak english.
NYC is a meritocracy on a lot of levels. People find that offensive for some reason.
bump
Prop 13.
(you may throw stones at me now).
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