American families pay more to send their kids to college than anywhere else in the world. But for wealthy families, the costs start long before that very first college-tuition payment. Town & Country estimated that wealthy families spend $1.7 million per child to get them into the Ivy League.
- Preschool: $4,500 for a preschool admission coach and $80,400 for nursery school and pre-kindergarten at the New York City-based Horace Mann School.
- Elementary and middle school: $156,400 for K - 4th grade at Francis Parker School in Chicago and $164,990 for grade 5 - 8 at Milton Academy in Milton, Massachusetts.
- High school: $157,600 for four years at Harvard-Westlake School in Los Angeles, California and $104,000 for a private language tutor 40 weeks a year.
- Enrichment: $29,870 for music and art classes for 4-year-olds, $104,000 for a foreign language tutor, and $56,600 for a travel sports league.
- College prep: $100,000 for college counseling with IvyWise and $55,000 for a gap year with Winterline’s travel and cultural immersion program.
- College: $282,280 for four years at Yale University and $24,304for a study abroad at Yale.
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