Earn $150,000? You can still get private school financial aid
Laura Seitz, Deseret News archives
Private schools are seeing a rise in financial aid applicants from parents earning $150,000 or more each year, according to CNN Money.
Since 2006, tuition has risen 26 percent, costing $22,000 a year, according to the National Association of Independent Schools. Another cause is families being hit with the recession and declining home values. Still they are not willing to forgo the cost of private schools, according to the article.
However, the increase in affluent families applying for financial aid is making it harder for lower-income families.
"A greater part of the school's community is demonstrating need, and that makes us less able to afford a very significant financial aid package for low-income students," said Todd Ormiston, assistant head of enrollment management at Gould Academy in Bethel, Maine.
- System failure to blame for delayed Saturday...
- 5 trends beneath the surface of Nov. jobs report
- Weber State center helping to improve auto...
- 3,000 Workforce Services clients may be...
- Walmart's 20 best-selling Black Friday items
- Sugar House streetcar prepares for public launch
- Jobless claims drop to near 6-year low
- Cedar Hills to require business licenses for...
- Fast-food strikes return amid push for... 31
- Obama declares health care law is... 21
- Intermountain Healthcare offering... 15
- Jobless claims drop to near 6-year low 10
- Obama to feds: Boost renewable power 20... 6
- DeseretNews.com reaches page view... 4
- Cedar Hills to require business... 4
- Collecting online sales tax puts Utah... 3