$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
Can Trinity School fight the class war? Trinity School's headmaster, John Allman, sent shock waves through the city's private-school world by calling out parental entitlement and self-interest.
The Times reports that Allman wrote a letter pointing the finger at:
consumerist families that treat teachers and the school in entirely instrumental ways, seeking to use us exclusively to advance their child's narrow self-interest." He called for a dismantling of "this default understanding of Trinity as a credentialing factory," warning that without it, students would merely ascend to "a comfortable perch atop a cognitive elite that is self-serving, callous and spiritually barren." Without a shift in ethos toward greater commitments to the common good, toward social justice and activism, he said in the letter, "I am afraid we are, for a majority of our students, just a very, very expensive finishing school.
Allman further wrote:
We seek to incorporate public service and civic activism into all aspects of our program in part because we believe that individualism unredeemed by a commitment to purposes beyond the self leads to unhappiness and meaninglessness. Attentiveness to others is essential to well-being.
With all the new New York City private schools opening, it is not surprising that shortly after, some new New York City private schools are already closing. Manhattan is a tough market, and not every private school can make it.
The Rocket Group, an education group that purchased the Mandell School in 2013, closed it only three years later, announcing that 2016-2017 would be the school's last year in operation for K-8.
Now another casualty. The New York International School, chartered by the British Schools Foundation, lasted just two years after moving into Trevor Day School's old elementary school building, part of the Episcopal Church of the Heavenly Rest, on East 90th Street.
The British Schools Foundation runs about 10 schools around the world, as well as the New York International School. The NYIS offers a US curriculum from a global perspective, and a dual language program in Spanish or Mandarin. According to Wikipedia, the New York International School will be closed "due to the failure of the Board of Directors", after only two school years.
I feel sorry for all these families needing new private schools ASAP! That is the problem with enrolling in new schools. Some percentage of them will fail. As an educational consultant, I make it my business to advise my clients on which new schools seem most stable and likely to succeed.
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.