Earn Your Leisure

The SHOCKING Truth About $70,000 Private School Tuitions

7 snips
Feb 16, 2026
A deep dive into the true cost of $70,000 private school tuitions and what families give up to pay them. Conversations compare investing tuition money versus paying for private education. Segregation, redlining, and neighborhood effects on public school quality come up. They weigh networking, small classes, and intangible benefits against rising tuition and long-term financial trade-offs.
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INSIGHT

Private School Cost Versus Investment

  • Troy Millings highlights that elite private school tuition in greater New York averages about $70,000 per year.
  • He shows that investing that money instead could grow to roughly $1.3M by a child's age 30 at a 12% return.
INSIGHT

Private School Boosts Access, Not Guarantees

  • Rashad Bilal and Troy discuss that private school attendance doesn't guarantee adult success.
  • They emphasize private school mainly increases access, network, and possibilities rather than certainty of outcomes.
INSIGHT

Segregation Shapes School Quality

  • Troy and Rashad point out U.S. schools remain highly segregated despite legal desegregation.
  • They connect residential segregation and redlining to persistent disparities in school resources and outcomes.
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