General World News

Wealthy New Yorkers are dropping $375 an hour on prep courses to get their kids into $50,000 ‘Baby Ivy’ kindergartens in an effort to eventually get them into top colleges

young rich kid

  • Wealthy New Yorkers go to great lengths to get their children accepted in the “Baby Ivies,” private preschools and kindergartens that cost around $50,000 a year, reported Suzanne Woolley and Katya Kazakina for Bloomberg.
  • Competition is high at the “Baby Ivies,” where 10% acceptance rates rival that of the “Grownup Ivies.”
  • It’s the start of the exorbitant amount rich parents pay to get their kids into elite colleges — a reported $1.7 million, according to a Town & Country analysis.

Some wealthy parents are sparing no expense when it comes to their children’s education — even read more >>>

Source:: BusinessInsider.Com