...costs more than Harvard... Bracing for $40,000 at City Private Schools
"Over the past 10 years, the median price of first grade in the city has gone up by 48 percent, adjusted for inflation, compared with a 35 percent increase at private schools nationally — and just 24 percent at an Ivy League college — according to tuition data provided by 41 New York City K-12 private schools to the National Association of Independent Schools.
"Indeed, this year’s tuition at Columbia Grammar and Preparatory ($38,340 for 12th grade) and Horace Mann ($37,275 for the upper school) is higher than Harvard’s ($36,305).
The median number of applications to New York schools has increased 32 percent over the past decade, according to the association, and in some schools the acceptance rate is staggeringly low. At Trinity, only 2.4 percent of children from families with no previous connection to the school were admitted to kindergarten last year. Far from being deterred by the sticker prices, more families seem to be hiring consultants — at an additional cost — in hopes of getting a leg up.
" One consulting firm, Manhattan Private School Advisors, said it worked with 1,431 families this school year, up from 605 three years ago. The company’s fee has gone up, too: It was $21,500 this year and $18,500 three years ago."