MarketWatch reports this.
Going to a top private school could cost an American family with two children nearly $1 million—or $500,000 per child. But short of that, sending your kids to any better-quality school—even a public school—can considerably increase the costs of being a parent.
Tuition at top-tier prep schools—those awarded a 9/10 or 10/10 by the national non-profit GreatSchools —averages about $40,000 a year for fees, according to new research by real-estate website Trulia. “You could be talking about $1 million for families with more than one child for the best prep schools,” says Mark Hamrick, Washington, D.C. bureau chief with personal finance site Bankrate.com.
Outside the top tier, private school isn’t as prohibitively expensive. The average private school costs $11,000 a year—around $317,000 total for a family that sends two kids to private school, K through 12. The annual cost for private schools of all quality ratings ranges from $7,000 for Catholic schools and $9,000 for other religious schools to $22,000 for non-sectarian private schools (only 20% of students go to non-religious private schools).
The Ron Paul Curriculum is free, K-5. It is $250 per family above grade 5, but families pay a flat fee. Then it’s about $250 a year per child.
The Ron Paul Curriculum offers a free market program. The prep school will be Keynesian.
Which is the better deal?
Meanwhile, conservatives send their children into the public schools, where there are football games, pom-pom girls, and drugs. Boola-Boola.
“Push ’em back. Push ’em back. Way back!” Count on it.