$50,000 private schools tuition in NYC is now becoming more common as private schools' tuition increases, again.
Trinity School and other NYC private schools' tuition plus fees now equal more than $50,000 according to Leslie Brody of the Wall Street Journal. John Allman of Trinity says he believes the tuition system is broken: "we're stymied in trying to figure out a way into a different funding model that looks really sustainable for families across the economic spectrum."
The charges, many private-school leaders say, don't cover the full cost of the rigorous educations provided. Their customers want small classes, arts, extracurricular activities, intensive college advising and teachers with advanced degrees. Leaders of these institutions say most depend on fundraising to fill the yearly shortfalls, in addition to holding capital campaigns for new construction.
Drivers of mounting tuitions include teacher salaries, health insurance, technology upgrades, more services for students with learning disabilities, and maintenance for expanded facilities, school leaders said.
It is clear that top private schools don't have strong pressure to keep down prices, as they are deluged by demand from parents who want the best for their children, and who will often pay multiples of current tuition for access.
Meanwhile, over in the UK, Prince George's parents, William and Kate, have to pay only $26,000 for his elite kindergarten: The best English education money can buy!' Prince George's £20,000-a-year prep gets rave reviews in Good Schools Guide
Abacus Mom received this note today from BASIS.ed:
BASIS.ed was recently honored as the first education case study featured in the online global learning resource PISA4U.org developed by the Organisation for Economic Co-operations and Development (OECD). The program was chosen as a case study in an effort to identify global good practices, since students at BASIS.ed-managed schools consistently outscore the world's highest-performing countries in math, reading, and science on the international OECD Test for Schools (based on PISA – Programme for International Student Assessment). The evaluation measures critical thinking and application of knowledge, unlike traditional assessment tools.
The recognition of the BASIS.ed program as a proving ground for best practices in education is something that students benefit from daily. Says one parent of their Brooklyn campus, “Many schools offer a competitive academic environment, but ultimately BASIS.ed’s focus on cultivating students' sense of independence, ownership and, above all, interest in learning helped us choose BASIS Independent Brooklyn for our kids three years ago. It's a decision we would make all over again today!"
The first BASIS Independent campus in New York City opened in Red Hook, Brooklyn in 2014, and is now in its third full academic year as a robust Preschool - Grade 12 program. The second BASIS Independent Schools campus in New York City -- BASIS Independent Manhattan -- opens on the Upper West Side this coming fall, to grades K-8. The application deadline for fall 2017 admissions on both campuses is January 24th.
Both schools offer ample opportunities to learn about the BASIS Independent program, including tours, information sessions, and student shadow days. The final Open House of the current academic year is scheduled for January 21st and an expert panel discussion on OECD PISA assessments will take place on January 19th.
A record number of new NYC private schools are flooding the New York market, while existing schools are expanding at a rapid pace. The boom comes in response to skyrocketing demand from a growing number of families—and larger families at that—who are choosing to raise their kids in the five boroughs.
“I’ve been in practice since 1999 and I’ve never seen so many new schools opening at once,” said Emily Glickman, head of Abacus Guide Education Consulting, a firm that helps parents with the application process. “The for-profit education market is looking to open schools in affluent places, so it makes sense that New York families are being courted.”
Souccar profiles Wetherby Pembridge, Nord Anglia, AltSchool, Portfolio School and BASIS, all new NYC private for-profit schools with diverse missions. Wetherby Pembridge and Nord Anglia offer the British curriculum, AltSchool and Portfolio offer customized curricula, and BASIS is focused on STEM.
In my own practice, I have worked with clients interested in applying to both Wetherby and BASIS.
Abacus Mom, a NYC top private school consultant, was thrilled to get these two emails from happy clients recently.
I just want to reach out and tell you that your advice from the past two years has been amazingly spot on. The classes and tutoring and clubs that you suggested after hearing about <child's> interests and the approach to the process and the rigor you advised with interviewing... It's been incredibly helpful. Obviously this is your business, so it's expected to an extent. But I think you have a very nice, authentic touch which makes all the difference. We feel very positive about how things are going, and I attribute it to your help to a big degree.
and from another parent:
honestly, i wouldn't make it through this process without your help. having kids, i know you know -- there is no greater gift to us than helping us with our children's education. we love your down to earth and upfront style -- it helps us to really know which direction to turn and where to steer clear. also, your positive energy is so appreciated and means a lot. you have made this process seem doable and less daunting and we cannot thank you enough.
How many times can you take the ISEE when you are applying to NYC private middle and high school?
The Educational Records Bureau, taking advantage of an easy source of additional revenue, has changed their testing rules so students applying to 5th - 12th grade can take the ISEE one to three times per admissions season. From their site:
Starting in August of 2016, students may register to take the ISEE up to three times in a 12-month admissions cycle, once in any or all of three testing seasons. The seasons are Fall (August-November), Winter (December-March), and Spring/Summer (April - July).
The ERB states that "ISEE does not encourage multiple testing, but we do offer students and families that option." By offering this option, and splitting the seasons so that students can easily take the test in both fall and winter (November and December), the ERB in fact does encourage multiple testing. In response to the testing rules change, many families have been anxiously contacting me, wondering if their children should sign up for multiple test dates.
The ISEE, an admissions test required for admission to most NYC private middle and high schools, competes with a rival admissions test, the SSAT, offered by another company. Students have always been able to take the SSAT multiple times, which contributed to the SSAT's popularity. By changing the number of times students are allowed to take the ISEE, the ERB should gain more test-takers as well as more students taking multiple tests.
In my experience, taking the ISEE or the SSAT once is usually enough. For more information or to sign up for my NYC private middle and high school educational consulting program, email New York's best private school consultant.
More and more new New York City private schools are opening. New for-profit private schools are popping up all over Manhattan and Brooklyn, broadening seat supply in affluent areas with high demand.
My clients have been most excited by Avenues, a runaway success, and by Brooklyn's BASIS Independent, a STEM-focused school that opened in 2015.
In 2017, BASIS plans to expand into Manhattan with BASIS Independent Manhattan. Located on the Upper West Side, the school will serve kindergarten through 8th graders.
AltSchool, a Brooklyn Heights-based K-6th grade school for students who want a technology-focused, team-centered, individualized educational program, will open an East Village location in 2016. The school's approach has been widely covered in the media, including this New Yorker article.
Portfolio School, opening this fall, is "about creative problem solving, a skill that will be ever more important for our future generations." The school will stress self-paced, project-based learning. Portfolio School plans to eventually enroll K-12, but will start by accepting middle schoolers.
The international space continues to attract new for-profit players who see a niche enrolling affluent children from New York's large international population. New schools include The New York International School, which opened in 2015, which provides dual language immersion in either Spanish or Mandarin and The German School Brooklyn, for bilingual German students in K-3rd grade.
Wetherby-Pembridge will open in 2017 for families who want their children to follow the English National Curriculum. The school writes: "The boys' form will be called Wetherby and the girls' form will be called Pembridge Hall."
Another new entrant, the Nord Anglia International School, also provides the English National Curriculum, along with an exclusive Juilliard-branded performing arts curriculum.
STEM, portfolios, Mandarin, German, technology, English curriculum --Brooklyn and Manhattan now offer so many choices.
New York is a tough market. Most families prefer established schools. With so many new schools opening, only the ones that know best how to appeal to picky New Yorkers will survive.