NYT: Affluent families need help paying for prep school

It seems that the affluent aren’t immune from the soaring cost of educating our nations youth.

With the cost of some of the top prep high schools exceeding $50,000 a year, some families with six figure incomes find themselves filling out financial aid forms in the hope that their kids will be able to attend top-notch boarding schools.

Admission to the country’s top preparatory high schools has always been fiercely competitive. But today, with the price of some private boarding schools like Tabor topping $50,000 a year, affluent families are also lining up for aid — and sometimes shutting out those further down the income ladder. The reality has affected the whole philosophy behind financial aid.

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Jeff Bustraan