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25 of America’s Most Expensive Boarding Schools

25 of America’s Most Expensive Boarding Schools

When you hear the words “boarding school,” visions of Hogwarts or rich yet emotionally neglected children may come to mind. But what are America’s most expensive boarding schools really like—and more importantly, how much do they cost?

Well, it’s time to seriously look into launching an enterprise that will transform you into a millionaire, because you’ll find hefty tuition fees—along with amazing opportunities for your children to learn new and exciting lessons—on this list of 25 of America’s most expensive boarding schools.

1. Walnut Hill School for the Arts

walnuthills

    The boarding tuition expense for the 2014–2015 school year is $53,000 for this private boarding high school, according to the Walnut Hill School for the Arts website. Nestled in Natick, Massachusetts, students aren’t far away from bustling Boston as they choose to study subjects such as visual arts, media arts (covering writing and film) or theater, dance and music.

    2. San Domenico School

    sandomenico

      The San Domenico School is situated within the scenic hills of Marin County, California, and their total 9th- through 12th-grade tuition totals can range up to $54,800 per year. The school’s Virtuoso Program boasts an impressive list of universities that certain students of the boarding school have gone on to attend – as well as quality Marin Symphony guests.

      3. The Webb Schools

      webb-schools

        The boarding student tuition for these schools—which are separated into one for only boys and another for all girls—are $53,575 for the 2014–2015 school year. If you’ve got a budding paleontologist on your hands, the Webb Schools have their accredited Raymond M. Alf Museum of Paleontology directly on their campus.

        4. Blair Academy

        blair-academy

          While the name might remind us of a main character from the 1980s sitcom The Facts of Life, the annual fee for Blair Academy could turn smiles serious for those considering sending their children to the location in Blairstown, New Jersey. The boarding student costs for the 2014–2015 academic year that covers tuition, room and board is $53,600. The dorm life includes social activities like trips to the movies and holiday parties—not to mention dining services that are replete with “Blair Angus” burgers, Texas toast and a “protein zone” menu for post-athletic student endeavors.

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          5. Suffield Academy

          suffield-academy

            Tuition for boarding students at Suffield Academy is $52,300 for the 2014–2015 academic year, but you’d better add the cost of an Apple laptop onto those fees, which is a requirement for students. Located in Suffield, Connecticut—just 17 miles north of Hartford—this school features a 20,000–volume library, a new lifestyle yoga/Pilates center named The Balance Barn, and a plethora of outdoor fields for soccer, football, softball and more.

            6. Brandon Hall School

            brandon-hall-use

              The Atlanta-based Brandon Hall School is a college preparatory boarding school that is rumored to cost $62,300 per year, and requires students to complete the application process for at least two colleges in order to graduate. This process of creating practical methods of going on to higher education is why the school boasts 100% of its students going on to attend college, so prepare to study up on cashing out your annuity in order to help your kids make the grade for this high-cost institution.

              7. Brooks School

              brooks-school

                Boarding students in this North Andover, Massachusetts, school may face a tuition cost of $53,420; however, with 10 dormitories, a long list of extracurricular activities and plenty of “Afternoon Programs” in the bucolic location above Lake Cochichewick, it could be well worth the fee.

                8. Cushing Academy

                cushing

                  The 2014–2015 tuition and fee costs for Cushing Academy boarding students is $53,700—and this private school has been praised for providing 21st century leadership skills—as well as a bunch of different dorm activities (like pizza parties and powwows) that help students bond.

                  9. Williston Northampton School

                  Williston Northampton School

                    The 2014–2015 academic year tuition for an upper school boarding student is $52,900 for the Williston Northampton School located in Easthampton, Massachusetts. The family-like environment features a merit scholar legacy program for alumni family members that meet certain stipulations and standards.

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                    10. Hebron Academy

                    hebron

                      Students who live in the United States or Canada will pay a 2014–2015 boarding tuition of $53,900—while international counterparts outside those areas pay $56,900 to call Hebron Academy their boarding school home. With a top-class athletic center, ice-skating arena and extensive trails, this top tier school is located in Hebron, Maine.

                      11. The White Mountain School

                      white-mountain

                        The boarding tuition for the 2014–2015 academic year is $52,000 for the White Mountain School, which is perfect for those who love the picturesque and rugged countryside of Bethlehem, New Hampshire. The lessons taught in the academy’s sustainability study teach students about life from the cradle to the grave.

                        12. Holderness School

                        holderness

                          You’ve probably heard of Upward Bound; well, the Holderness School has a special program called Artward Bound that allows students to express themselves through all measure of artistic endeavors. The charge for tuition, room and board for this Plymouth, New Hampshire-based school for the 2014–2015 academic year is $54,100.

                          13. Portsmouth Abbey School

                          portsmouthabbey

                            This Rhode Island school for 9th to 12th graders has a boarding tuition for the 2014–2015 academic year of $52,730. Founded in 1926 by a Benedictine monk, the Portsmouth Abbey School sits on an idyllic 525–acre campus close to the beautiful shores near Newport. With a wide range of sports and visual arts programs, the institution includes community service internships as well.

                            14. New Hampton School

                            newhamptom

                              Boarding tuition and fees for the 2014–2015 school year for New Hampton School are  $53,700. The New Hampton, New Hampshire-located school offers a special international exchange program whereby a handful of students, along with a couple of faculty advisors, travel to China.

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                              15. Wilbraham & Monson Academy

                              wma

                                Wilbraham, Massachusetts, is the stomping grounds of the aptly named Wilbraham & Monson Academy, whose 2014–2015 tuition for upper school boarding students is $52,985. Little details make the school special, such as the “family meals” that the students have each week with other students in the dormitories in order to foster stronger relationships and learn how to serve one another.

                                16. George School

                                georgeschool

                                  George School boarding students tuition and fee amounts for the 2014–2015 academic year are $53,600—an amount that will also cover room and board. Although Quakers located in Newtown, Pennsylvania, founded the school, “GS” doesn’t seek to convert children to a path of Quakerism. Instead the focus remains on fun art activities, academics and athletics—all married with a sense of understanding.

                                  17. The Thacher School

                                  thacher

                                    The 125–year–old Thacher School is located in gorgeous Ojai, California; however, students get the choice to take an entire year to study elsewhere, either in the United States or overseas. The boarding tuition and fees for the 2014–2015 school year are $53,500.

                                    18. Deerfield Academy

                                    The total tuition costs for the 2014–2015 school year of $54,580 that boarding students pay for Deerfield Academy covers a wide range of items, such as academics, room and board—as well as lab equipment use, art supplies and lots of the weekend campus perks. Perhaps the biggest bonus of attending this school is that certain alumni go on to attend Ivy League schools such as Harvard and Yale.

                                    19. The Masters School

                                    masters

                                      Expect to shell out $55,050 for boarding costs, tuition and special event fees for the 2014–2015 school year for this Dobbs Ferry, New York, academy that houses boarding students from all over the world as well as those closer to home. Placed within 96 acres and woods that have a vantage point above the Hudson River, The Masters School is an ideal environment for learning.

                                      20. Sandy Spring Friends School

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                                      ssfs

                                        The Sandy Spring Friends School sounds like the perfect place to meet new acquaintances and academic ideals, and for tuition costs of $54,600 for 7–day boarding of students from grades 9 through 12, plenty of opportunities for bonding arise in this school that focuses on outdoor learning and athleticism in Sandy Spring, Maryland.

                                        21. Tabor Academy

                                        tabor

                                          The Tabor Academy boarding students pay $53,375 for tuition and fees during the 2014–2015 school year to learn a variety of subjects, including up close and personal marine biology studies conducted during two-week-long winter breaks in the Caribbean. Beyond that, the Marion, Massachusetts “School by the Sea” focuses on language arts, athletics and a great measure of subject areas to keep interest from waning.

                                          22. Mercersburg Academy

                                          mercersburg

                                            Count notable actors such as Jimmy Stewart and Benicio del Toro—both Oscar winners—among the illustrious former students of Mercersburg Academy in Mercersburg, Pennsylvania. And while you’re counting, plan for tuition, room and board costs of $52,700 for the 2014–2015 school year for this 300–acre campus that prides itself on birthing students that go on to attend highly competitive colleges.

                                            23. Oregon Episcopal School

                                            oes

                                              At the Oregon Episcopal School in scenic Portland, Oregon, tuition for the 2014–2015 school year is $53,498 for boarding students in the 9th through 12th grades. The combination of small class sizes and an emphasis on global exchange programs along with college prep instructions makes this a valuable place to pick up values and educational skills.

                                              24. The Winchendon School

                                              winchendon

                                                The Winchendon School costs $54,080 for boarding tuition and fees for the 2014–2015 school year, and for that cost, “The Winch” provides its attendees with a big education in digital literacy, top-notch athletics, arts and college-prep classes at the New England boarding school.

                                                25. St. George’s School

                                                stgeorges

                                                  Rounding out the list is St. George’s School, another Newport, Rhode Island-helmed boarding school that costs $54,100 for the 2014–2015 academic year for boarding students. “Because the journey matters,” reads the tagline of this Episcopal school by the sea that allows more than half a dozen students to travel the Atlantic shoreline on board Geronimo, a large marine research vessel. Perhaps the pledge to act with truthfulness and honor in the student’s honor code is what draws parents the most to this learning facility—along with all the additional academic and spiritual offerings.

                                                  Featured photo credit: Suffield via media.cdn.whipplehill.net

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                                                  Last Updated on June 1, 2020

                                                  How to Pay off Debt Fast Using the Stack Method (A Step-By-Step Guide)

                                                  How to Pay off Debt Fast Using the Stack Method (A Step-By-Step Guide)

                                                  Whether it’s consumer debt on credit cards, student loans[1], or a mortgage, most people find themselves weighed down by debt at some point in their lives. This can keep us working jobs we hate just to pay the bills and keep our heads above water. By learning how to pay off debt fast, you can release this burden and remove some of the stress from your life.

                                                  The Stack Method is one way to do this. Once you understand it, you too can learn how to pay off debt fast.

                                                  What Is the Stack Method?

                                                  The Stack Method, often referred to as “debt stacking,” requires making a list of all your sources of debt, starting with the debts that incur the highest interest. Then, you make the minimum payments for each source of debt, but when any extra money comes your way, you throw it at the debt at the top of the list. This way, you eliminate the debts with the most interest first, dropping extra costs to a manageable level in a fairly short amount of time.

                                                  To get started with the Stack Method, go through these steps and overcome those mountains of debt today.

                                                  1. Stop Creating New Debt

                                                  Most people do not receive training in handling money and how to live within their means. If you’re in debt, then you’re probably one of these people, and it’s time to bite the reality bullet.

                                                  It’s going to be impossible to get out of debt unless you retrain your financial habits right now.

                                                  You must make a stand against all the marketers trying to take your hard earned money or offering easy finance. You don’t need more stuff to make you happy. What you need is financial peace of mind.

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                                                  So cut up your credit cards or freeze them. I mean this literally. Put them in a container of water and stash them in your freezer. Then, when there’s an opportunity to spend, you have time to thaw out (you and the credit cards) and really decide if you need that purchase.

                                                  2. Rank Your Debt by Interest Rate

                                                  Make a list of all your debt with amounts and the interest rate. The highest interest rate should be at the top as this is what you’ll pay off first.

                                                  Paying off your high interest debt is the key to the Stack Method.

                                                  Interest is a powerful weapon, and right now the bank or other financial institutions are using it against you. Interest significantly increases the amount you need to pay back, and often we’re completely unaware of how much that is.

                                                  For example, if you have a $10,000 credit card debt at 20% interest where you pay a minimum payment of $200 a month, you will end up taking 9 years and 8 months to pay off the actual amount of $21,680 including $11,680 in interest!

                                                  3. Lower Your Interest Rates

                                                  You can often lower your credit card interest rates by doing a balance transfer. This means moving your credit card to another bank, where they will lower the interest rate to get your business[2].

                                                  Shop around and try to get the lowest interest rate for the longest duration (preferably until it’s paid off completely). Just make sure you’re reading the terms and conditions carefully so you don’t get stung by the new bank in other ways.

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                                                  Once you’ve done this, you can order your list of debt again if interest rates have shifted.

                                                  4. Create a Strategic Spending Plan

                                                  This is where we improve your financial control from Step 1. Take a piece of paper and write down your income after tax and all the expenses that you have. This will include the minimum payments on all your debt.

                                                  Look at your expenses, and then rank them in order of importance to you. Look at the items on the bottom of your list and decide whether you’d rather have them or be financially stable. The objective is to create a spending  plan where your expenses are lower than your income.

                                                  You also decide how much you are willing to spend on each area of your life. You can allocate amounts for rent, groceries, eating out, buying clothes, and other activities. However, realize that once you’ve spent your allocated money, there’s no dipping into other areas[3].

                                                  It also helps to have a “Fun Account” that you can spend on what you like, and an “Emergencies Account” in case your car breaks down or other unfortunate incidents come up.

                                                  You also want to include the extra amount you’re going to use to pay off debt in your spending plan.

                                                  Can you afford $20 a week? $50? $100? $200 or more? It’s important that you get a realistic number that you can commit to each week without fail, and this is your Stack Repayment.

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                                                  5. Create a Payment Schedule

                                                  The first part of the Stack Method is to cover the minimum payment on every single debt you have. Any time you miss a payment, you incur fees, and these add up quickly. This also includes making the minimum payment on the debt with the highest interest rate.

                                                  Then for the debt with the highest interest rate (your Target Debt), you’re going to add the Stack Repayment from your strategic spending plan. You apply this Stack Repayment and the minimum payment until that debt is paid off in full.

                                                  As your official minimum payment decreases, you add that extra amount to your Stack Repayment. So, as your minimum repayment drops, your Stack Repayment increases equally. This will compound how fast you pay off the Target Debt by adding even more to the payments you’re making.

                                                  6. Reward Your Progress

                                                  You want to track your Target Debt so you can see your progress along the way. You can also decide on milestones that you’re going to celebrate and reward yourself for.

                                                  A reward doesn’t have to cost money, but if it does then it comes from your previously allocated spending plan.

                                                  This is an important step as it will keep your motivation going when you feel your willpower fading.

                                                  Just like you’ve trained yourself to brush your teeth and shower, you can train yourself to manage your money. Feel great that you’re now entering the 10-20% of people who are actually responsible with money.

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                                                  7. Compound Your Results

                                                  Once you pay off your Target Debt, have a huge celebration and congratulate yourself. Then, you move the Stack Repayment (which includes the previous minimum payment now) to the next debt with the highest interest rate.

                                                  This becomes the new Target Debt, and you are using your Stack Repayment amount plus the minimum payment for the new debt.

                                                  This is why the Stack Method is so powerful. As you decrease a debt, you actually increase your Stack Repayment amount. This means the second debt will get paid off even faster, the third even faster than that, and so on and so on until you are completely debt free.

                                                  8. Be Kind to Yourself

                                                  During this process, your resolve is going to be tested multiple times. Maybe you’ll have an emergency like your car breaking down or the need to travel for a sick relative. The important thing is to not throw up your hands in despair and slipping back into your old habits.

                                                  Life will test your commitment to your new responsible money attitude, and it’s up to you how you respond. When things go wrong (and I guarantee they will), you need to shrug it off and get back on track.

                                                  Show compassion when you accidentally go over your target spending amount and decide to do better next week.

                                                  The Bottom Line

                                                  The Stack Method is a powerful tool, but it’s up to you whether you use it effectively. If you really want results, then bookmark this article immediately and start working through the steps.

                                                  It’s only by the decision you make right now that you will enjoy a debt-free future and live a financially responsible life.

                                                  More Tips on How to Pay off Debt Fast

                                                  Featured photo credit: NeONBRAND via unsplash.com

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