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June 22, 2011

Tuition at some NYC private schools tops $40,000

Associated Press:

With $40,000 you could buy a new Lexus or a foreclosed house in a depressed community. Or you could pay for a year at one of the city's top private schools.

The Riverdale Country School will charge $40,450 for high school students in the fall, and other schools aren't far behind. The Hewitt School will charge $38,000, and Ethical Culture Fieldston will charge $37,825.

Added costs such as transportation, books and supplies will bring the total annual tab at several schools up to $40,000.

The figures were reported in The Wall Street Journal on Monday.

According to the Washington, D.C.-based National Association of Independent Schools, the median tuition for a high school senior at the association's member schools in New York City was $35,475 in the 2010-11 school year. The comparable national figure was $21,695.

Posted by Jim Zellmer at June 22, 2011 2:31 AM
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