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• Families Still Spending Big on Prom

  If you have watched a teen movie from any of the last few decades (pick one, any one), there's one lesson to be learned. Your kids have to go to prom.  If they don't, apparently, something dasterdly will befall them, and they will regret it for the REST of their lives. Like, totally, forever and ever and ever, along with their BFFs. Not buying it? Me neither. But parents across the nation are. Read More... Posted May 06 2009, 01:01 PM by JeanneSager with | with 7 comment(s) Filed under: teenagers, high school, money, tuition, prom, economy, Jeanne Sager, economic meltdown

• Lock in Your Kid's College Price NOW

  If Republican lawmakers in New York have their way, parents of kids as young as, well, as young as possible, could lock in now the price they'll pay eighteen years down the road for college tuition.  The twist? Your kid will have to attend a state or city school. Read More... Posted Mar 06 2009, 03:01 PM by JeanneSager with | with 4 comment(s) Filed under: education, money, college, tuition, Republican, New York, planning ahead, economy, Jeanne Sager, family finance, loans, state school

• Education for All? Not in New Hampshire

  Would you send your kids to kindergarten if it was going to cost you money? It's the only choice provided to parents in Hudson, NH, the last city in the contiguous U.S. not to offer free kindergarten to its children. The city of twenty-five thousand has been ordered to comply with a 2007 New Hampshire law calling for universal kindergarten by this fall, but district officials are bucking the order. They need more money to make it happen, they say. Read More... Posted Feb 06 2009, 08:32 AM by JeanneSager with | with 2 comment(s) Filed under: education, tuition, kindergarten, new hampshire, constitution, private school, taxes, alaska, sarah palin, Jeanne Sager, free education, school taxes, costs of school, full-day kindergarten

• Quaker Schools Are All About the Justice

  The Obamas (and the Clintons before them ) got lots of flak for running as liberals and yet sending their daughters to the elite private school Sidwell Friends in Washington, DC. But as this column I found via Marketwatch from the Cambridge Friends School near Boston points out, the Religious Society of Friends, whose members are known as Quakers, have a long history of fighting for social justice and instilling that in their schools. Quakers teach “seeing the light within each person,” which translates to a commitment to nonviolence and nondiscrimination. Quakers have been... Read More... Posted Dec 10 2008, 04:29 PM by Amy Kuras with | with no comments Filed under: chelsea clinton, tuition, social justice, malia obama, private schools, Sasha Obama, Friends Schools, Sidwell Friends, Quakers, Religious Society of Friends

• Forget Smarts: Will Your Toddler Have The Bucks For College?

  Start saving now (only, whoops!, maybe not in the stock market), because by the time your toddler is ready for college, it's quite likely to be far, far out of the average family's price range. According to a new report released this week, costs for college have increased 439% from 1982 to 2007 (family incomes rose 147% in the same period; neither figure is adjusted for inflation). The report, put out by National Center for Public Policy and Higher Education, is titled “Measuring Up 2008,” and it calculates the average net college costs against the average net income of families. It reports that in 2007 the net cost of a four-year public university took up 28% of the median family income, while the same family could drop 76% of its income sending a kid to a private school -- and that's with financial aid factored in.  Read More... Posted Dec 04 2008, 03:02 PM by Kate Tuttle with | with 3 comment(s) Filed under: money, college, tuition, income, university, grants, scholarships, loans, middle-class

• Amount Owed: $20,000 to NOT Attend This School

  There are two possible reactions to this story of a SoHo-dwelling family: sympathy or Schadenfreude. The parents -- freelance writer mom, artist dad -- went through the time drain and expense of applications and testing, etc., to get their gifted little daughter into the best school possible in Manhattan. When she landed a coveted spot at the Little Red School House, a private school, they handed over the $2,500 deposit and another $7,500 tuition starter payment, high-fived and began dreaming of Harvard. But wait!   Read More... Posted May 23 2008, 03:31 PM by Madeline Holler with | with 4 comment(s) Filed under: tuition, NYC, public school, private schools, contracts, preschool applications, contract law, expensive tuition

• Liquidate the College Fund

  How about we cash out that 529 right now and go ahead with a new sofa? Who needs tax-deferred college savings plan when so many universities -- really, really good, really, really expensive universities -- are now saying they'll waive college tuition for middle class kids. Read More... Posted Feb 26 2008, 03:43 PM by Madeline Holler with | with 3 comment(s) Filed under: college, college savings fund, 529, tuition, free tuition, university

• Guaranteed Tuition Programs Under Fire: South Carolina Strikes First

  Many states have guaranteed tuition programs (sometimes called GET) that parents can buy into to guarantee a tuition rate for their kids.  By prepaying for tuition, parents can  "lock in" the current tuition rate and hedge against tuition rate increases by the time their kid goes to college. South Carolina is the first state to recognize that one of the problems with tuition rate guarantees is the state rather than the consumer bears the brunt of the risk. As tuition rates increase, states like South Carolina are projecting a program deficit nearing $63 million by 2028.  So if you need help paying for your child's college, ither enroll in a pre-paid tuition program now, come up with another savings strategy, or hope for some scholarships. These state-run programs probably aren't long for this world. Posted Feb 15 2007, 08:23 AM by Rachael Brownell (Redsy) with | with 1 comment(s) Filed under: education, college, college savings fund, guaranteed tuition programs, schoolool, tuition