Private Schools: NYC ( Weekend Post)

Affording a Private School Education for your child in New York can be a full time pursuit in itself. Fees and tuition costs seem to rise even when in reality they don’t increase. The ever increasing costs of living, especially in a large city such as New York City,can squeeze your finances in ways that sometimes make Private School education costs seem overwhelming on your budget. The real cost and the real benefit of this type of education, however, is never fully realized in the now. For parents this quickly translates into the bad news: high tuition costs and sometimes an exhausting work calendar of parent-sponsored fundraisers. According to the National Association of Independent Schools, the median tuition for their member private day schools in 2008-2009 in the United States was $17,441. Tuition for boarding schools was close to $37,017. (Of the 28,384 private schools in the United States, about 1,050 are affiliated with the NAIS. Average tuition for nonmember schools is substantially less: Day schools charge $10,841 and boarding schools $23,448.) It is the investment in your child’s education that makes such a huge difference in their lives down the road, or the path of life your child chooses. It may seem pithy, but an investment in education truly is an investment in the future. If you hold back now, it is your child’s future that pays that particular cost later on.Ways in which you can pay for private schools can be found here