Tuition in NYC tops $30,000
And that's not even college. Costs are soaring in the city's private schools, and there's a waiting list for all of them.
Published March 11, 2006
NEW YORK - Harvard is great, but it's no Riverdale Country School.
The Bronx private school will charge tuition of $31,200 next school year for sixth- through 12th-graders, more than $3,300 higher than this year's rate at the esteemed university. It's among several elite New York City high schools that have surpassed or are approaching the $30,000 mark. And don't think there's a "tuition bubble" about to burst.
"By the year 2015, these schools will be $50,000, and they would still have wait lists," said Amanda Uhry, head of Manhattan Private School Advisors, who credited the demand for private schools to failing public schools.
Dozens of people are often on waiting lists to get into the schools, even as prices rise.
The schools are so sought-after because they boast small classes, top-notch teachers and excellent facilities, especially for athletics. But perhaps above all, the most elite offer their reputations, which could give an edge to students applying to top colleges.
[Last modified March 11, 2006, 02:13:42]
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