Elite Private School Tuition Hits $25,000 in L.A.

The Los Angeles Times provides a rather fascinating peek into the world of elite private schools.

Says one mother, bemoaning rising tuition prices: "We have quit the country club, we drive older cars and don't take the vacation unless it has something to do with the children's education. We don't have a nanny; we gave that up. It's daunting."

Cry me a river...

I wonder if some of the parents with multiple children in these schools have considered that their children would probably get a better education at home with a private tutor for a whole lot less money? Probably not...this kind of school seems to be as much a lifestyle choice, with the Ivy League as the end game, as it is about actual education.