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We've all read about how expensive college educations can be. Hopefully, you're stashing away your hard-earned bread to be able to send Timmy to Princeton. Don't worry if you can't -- endowments and scholarships are picking up the slack.
But, for those on the upwardly-mobile track and thinking of sending your kids to an elite high school, get ready for some sticker shock.
The NYTimes.com reports today about growing tuition rates and endowments at some of the nation's leading prep schools.
While schools such as Exeter charge almost $40,000 for tuition, room, and board according to the article, that's just a fraction of the average of $63,500 annually Exeter fronts to house and educate each of its 1,000 students.
So, what's an aspiring family without the requisite resources to do?
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