At elite private schools in New York City, kindergarten tuition now exceeds $26,000 a year. That’s not counting $5,000 for a coach who prepares four- and five-year-olds for private school tests and interviews. Or donations to the annual fund drive.
Tuition at one school has risen 70 percent since 1996-97; inflation has been 14 percent in those years. Isn’t there a recession?