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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 July 10, 2020

                                                  The Definitive Guide to Get out of Debt Fast (and Forever)

                                                  The Definitive Guide to Get out of Debt Fast (and Forever)

                                                  Debt can feel crushing, like a weight that is always weighing you down. Looking at those numbers, it can feel as if you’ll never get out from under it. However, if you really want to learn how to get out of debt, it is possible with a great deal of focus and self-control.

                                                  Getting out of debt isn’t impossible. Like any big goal, all that it takes is an action plan to identify where you are and creating a plan to zero out your debt.

                                                  Identifying All of Your Debts

                                                  The first part of paying off your debt is getting a complete picture of what you owe. When you have everything written out in front of you, it makes it much easier to create an action plan. Depending on how much you owe, it might also help you realize it’s not as bad you might have originally thought.

                                                  Here’s how you can get started identifying your debts:

                                                  1. Own Your Debt

                                                  Before you start identifying all of your debts, take a moment to process that you have debt but want to get out of it.

                                                  Forgive yourself for any past mistakes, missed payments, or overspending. It might be painful to accept how much debt you have at first, but you must own it.

                                                  2. Make a Debt Tracker

                                                  It’s astonishing how few people ever created a tracker to understand their total debts. Most likely, it comes from not wanting to accept the guilt of having debt, but, if avoided, it can make it nearly impossible to get out of debt.

                                                  Open up a new Google or Microsoft Excel sheet and list out all of your debts. Start with the name of the creditor, interest rates, total balance, loan term length (if any), and the minimum amount due each payment. This will include student loans, credit cards, and any other type of debt owed.

                                                  3. Get Your Debt Number

                                                  Once you’ve made your debt tracker and taken the other steps, identify your total payoff number. This is crucial, as you will have a starting point and a clear goal that you are trying to achieve.

                                                  Prioritizing Your Debts

                                                  All debt is not created equal. It’s imperative to understand that there are different types of debt.

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                                                  1. Understand Bad and Good Debts

                                                  Bad debts are usually paying for things you want instead of always need. While there might be some emergencies that max out your credit cards, often times it’s excessive spending[1].

                                                  There are three main types of bad debt:

                                                  • Credit Card Debt: The average American household owes over $16,000 in credit card debt!
                                                  • Auto Loan Debt: According to CNBC , the average auto loan in the US is $30,032!
                                                  • Consumer Loan Debt: Consumer loan debt isn’t as common as credit card and auto loan debt, but it’s still considered bad as interest rates are usually between 10-28%.

                                                  Good debt is identified as investments in your future. Here are three common types of good debt:

                                                  • Student Loan Debt
                                                  • Mortgage Loan
                                                  • Business Loans

                                                  2. Decide Which Debt to Pay off First

                                                  Once you know each type of debt and their interest rates, you can begin to pay off debt quickly.

                                                  Focus on paying off bad debt first, regardless of if it is a credit card or auto loan. Start by paying off the loan with the highest interest rate first.

                                                  If you have several credit cards with different interest rates, you want to focus on the one with a higher APR. You will actually save more money by eliminating the card with the highest interest rate.

                                                  3. Don’t Pay the Minimum Amount

                                                  Paying the minimum amount digs you into a hole as interest rates will offset your payment. Even a small amount more than the minimum can help you pay off debt much faster.

                                                  Removing Obstacles to Pay off Debt Quickly

                                                  Creating a debt tracker and prioritizing a plan is simple, but avoiding temptation can be difficult.

                                                  1. Set a Reminder to Track Your Debt

                                                  “If you can’t measure it you can’t manage it.” -Peter Drucker

                                                  It’s so important to track your debt to ensure that you get it paid off quickly. Similar to working out and measuring your results, you need to track your debt constantly. Start with a weekly reminder, where you sign on and log your updated number. Did you increase, decrease, or stay the same?

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                                                  Regularly tracking your student loan balance can be incredibly motivating, as well. You will get a huge confidence boost each time you see your total debt amount decreases.

                                                  Set weekly and monthly goals so you can have short term wins and keep the momentum going.

                                                  2. Hide Your Credit Cards

                                                  If your biggest debt is credit cards, you need to eliminate temptation and remove them from your wallet.

                                                  Some people have gone to extreme measures by freezing their credit cards. Why? This would create an ice block around your card, which would require you to chip away at it slowly. This will give you time to think if it’s the best idea to buy that thing you’re about to buy.

                                                  3. Automate Everything

                                                  Willpower can be a huge downfall to paying off your debt. By automating your bills each month, you will ensure that willpower isn’t involved.

                                                  4. Plan Ahead

                                                  Getting out of debt will require some sacrifices, but with enough planning, you can make it work.

                                                  For example, if you know that you have a friend’s birthday or family dinner coming up, plan ahead for the costs. Whether you need to cut back on spending the week before, pick up a side job, or meet them after dinner, do what is needed.

                                                  5. Live Cheaply

                                                  The only way to get out of debt is to make some sacrifices on your spending habits. Find ways to save money each month so you can apply that amount to your outstanding debts. Here are some ways to save money each month:

                                                  • Live with roommates
                                                  • Cook dinners and prepare lunches for work instead of eating out
                                                  • Cut cable and choose Netflix or Amazon Prime
                                                  • Take public transit or bike to work

                                                  Finding the Lowest Interest Rates

                                                  The higher your interest rates, the harder (and longer) it will take you to pay off any debt.

                                                  If possible, you want to find ways to lower your interest rates to help get out of debt quickly. Here’s how you can get started:

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                                                  1. Maintain a High Credit Score

                                                  Your credit score will have a large impact on your ability to refinance your loans and receive a lower interest rate. If you have a low credit score, it’s unlikely you will be able to refinance your loans. Use these credit tips to increase and maintain an excellent score:

                                                  • Never miss a payment
                                                  • Don’t exceed 30% of your credit limit
                                                  • Don’t sign up for more than one card at once
                                                  • Limit hard inquires, like auto-loans and new credit cards
                                                  • Monitor frequently with free credit-tracking software

                                                  2. Find Balance Transfer Offers

                                                  Start by opening a free account on credit.com. Credit.com offers you the chance to open a free account and see what type of balance transfer offers you can receive. Some of your existing credit cards might already have 0% or lower APR balance transfer offers available.

                                                  Contact each of your credit card providers to ask about lowering your rate for a one-time balance transfer offer[2].

                                                  If you do take advantage of this option, make sure that you use a balance transfer and not a cash advance. Cash advances have a ton of high interest fees (15-25%, depending on your credit card) and will only compound your debt problem.

                                                  How to Get Rid of Debt Forever

                                                  Setting up a plan, removing temptations, and getting the lowest interest rates is the first step to get out of debt.

                                                  1. Keep Monitoring and Adjusting

                                                  Once you have a plan, don’t get comfortable. Track your debt payoff plan and make the necessary adjustments when needed.

                                                  Monitor your credit scores with a free site like CreditKarma. The higher your credit score climbs, the more likely you will be to secure a new, lower-interest loan.

                                                  2. Earn More Money

                                                  There are only so many ways to save money. Instead of clipping another coupon or making sacrifices for your morning coffee, find ways to earn more money!

                                                  Think about it…it is much easier to find ways to earn an extra $1,000 per month than find $1,000 to cut from your budget.

                                                  Here are some examples of ways to earn more money:

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                                                  Talk to Your Boss

                                                  Have a conversation with your boss about current salary and/or commission rates. If you’re not satisfied or want a change, don’t be afraid to look around at other positions. Some of them might even have a student loan debt reimbursement plan!

                                                  Start a Side Hustle

                                                  This could be coaching students on the weekends, driving for Uber, or taking paid online surveys. There are tons of ways to make money outside your 9-5. Now that you have a clear plan to pay off your debts, you’ll be more motivated than ever to figure out creative new ways to earn money.

                                                  Build an Online Business

                                                  There are so many websites and blogs that earn money from ads, affiliates, and other online products. Find your niche and get started.

                                                  3. Celebrate Your Wins

                                                  As you progress in your debt payoff journey, don’t forget to celebrate your wins. You need to always reward yourself for the hard work and discipline that is required to get out of debt.

                                                  While you shouldn’t celebrate so big that it increases debt, make sure to factor in little rewards to keep you motivated.

                                                  4. Set New Financial Goals

                                                  Eventually, with a plan and these steps, you can rid yourself of your debt. Once you do, make sure to celebrate your monumental achievement, but don’t stop there.

                                                  Now, you can focus on acquiring wealth and increasing your net worth. Set new financial goals so you have a new target to aim toward. Here’s how to set financial goals and actually meet them.

                                                  These could be anything now that you are debt free! Think about where you want to travel, buying your first home, or saving for your future retirement. Just like before, make sure that your goals are specific, measurable, and achievable.

                                                  Conclusion

                                                  Congrats, you can now set a plan in motion to finally pay off your debt quickly (and hopefully forever)!

                                                  Remember, if you want to get out of debt quickly, it’s not always easy. Just like any big goal, there will be sacrifices, challenges, and problems to overcome.

                                                  More Tips on Getting out of Debt

                                                  Featured photo credit: Pepi Stojanovski via unsplash.com

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