Becoming Debt Free in 2009

January 13, 2009

Boarding School – Is he crazy?

Filed under: Kids — ambercouric @ 9:16 am

My wonderful brilliant 14 yo told me this morning he has been researching boarding schools.  He has decided that he wants to go to boarding school in Virginia. 

He only knows one family (I know a few) that has sent their children to boarding school.   Not even looking at the cost which is about $40,000 a year and no we can’t afford that, I just can’t believe he would go off this young.  He said his 7th grade SAT scores are higher than the average graduating senior at these schools.  At first he said he would just like to apply to see if he could be accepted.  Then he worked his way to if they offered him a scholarship maybe.

Please someone tell me this is just a phase and when he gets home from school today he will have changed his mind and want to be a rock star.

Does anyone know anything about boarding schools?  Help!!!!!

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13 Comments »

  1. Wow. Has he been watching Gossip Girl?

    Just kidding.

    … but boarding schools? That’s very expensive. And imagine if he got in without a scholarship? He’d be crushed not being able to go.

    Sorry, I put more of a damper on the whole situation than helping it.

    I have no idea about boarding schools but it’s not just the tuition, it’s the living expenses, and travelling back home as well.

    Fabulously Broke in the City
    Just a girl trying to find a balance between being a Shopaholic and a Saver…

    Comment by Fabulously Broke — January 13, 2009 @ 10:03 am

  2. Your kids sound so smart and focussed and ambitious. You must be soooo proud of them. It is awesome that he is looking for ways to strive for academic excelllence.

    I wouldn’t burst his bubble. As long as he knows the funds aren’t available to foot the bill for boarding school, let him research scholarships and subsidies. He sounds very smart, he may come to the conclusion on his own that it is not feasible – or he may surprise you and get a full scholarship somewhere.

    Remind him that the majority of leaders and first generation millionaires in the US are products of the public school system.

    Comment by Money MInder — January 13, 2009 @ 10:23 am

  3. “Remind him that the majority of leaders and first generation millionaires in the US are products of the public school system.”

    So are the majority of failures. This is because the majority of people attend public school.

    Having attended a public school, a plain old private school and an elite private school, I will say that you do have a MUCH better chance at landing a great job if you attend an elite school. This isn’t because the education is far superior (well, the education is superior, but that’s not the reason), but because you will gain a LOT of really good connections. Assuming you keep your head on your shoulders and make use of the amazing education and opportunities, you really have no competition.

    Comment by Stephanie — January 13, 2009 @ 10:54 am

  4. I went to boarding school and it was a great experience. You learn so much, become much more mature and independent and really learn how to live with different people. I think you develop a much more mature point of view and I think if your son is responsible enough to think of creative ways to earn money to go and he is smart enough to get in, why deny him the opportunity?
    Sounds like he has the makings of a truly great individual and is really smart for his age. Don’t hold him back or hinder his growth

    Comment by debtor — January 13, 2009 @ 11:43 am

  5. Some very elite and not so elite boarding schools offer scholarships based on aid, but your child better be a brilliant student or a brilliant athlete to qualify, funds to exsist! Maybe you can steer him towards a summer school/enrichment program at a local private school. Like others have said, it sounds like he has the makings of a great individual. Encourage him to do his research on his own.

    Comment by bouncing back betty — January 13, 2009 @ 3:51 pm

  6. Funds DO exsist- can’t freaking spell today sorry!

    Comment by bouncing back betty — January 13, 2009 @ 3:55 pm

  7. Tough decision for sure…best of luck whatever the outcome. I agree that he sounds like a very smart and mature child – you must be so proud!

    Comment by MakingUpForPastMistakes — January 13, 2009 @ 3:57 pm

  8. I went to boarding schools for 2 years and it was the best experience of my life. It was co-ed and living with people 24-7 really teaches you a lot about life.

    HS

    Comment by HS — January 13, 2009 @ 5:04 pm

  9. It actually could be a great opportunity, but there are dangers. Rich kids have access to vices the rest of us don’t! I say let him check it out, try to get scholarships etc. You’ll only have to worry if he gets in and gets a scholarship etc.

    Comment by Miss M — January 13, 2009 @ 5:16 pm

  10. Wow, this is exactly what I would have done if the Internet had existed when I was 14. I say let him try as long as her understands you just don’t have the money unless he can get it paid for one way or another. Who knows?

    Comment by dogatemyfinances — January 13, 2009 @ 6:52 pm

  11. Thanks for all of your comments. I spent a couple of hours researching different schools yesterday. Last night we discussed what I found and it turns out that 3 of the 5 schools I looked at were schools that he had on his list of good fit schools. He knows there is absolutely no way we could pay. So he will apply to three schools. All three give merit and need based financial aid. If he is accepted with scholarship he can then decide to go. If he is accepted without scholarship then it was a honor to be accepted and he will stay at home and enjoy public high school.

    I’ll keep you all informed of the outcome.

    Comment by ambercouric — January 14, 2009 @ 9:35 am

  12. I was a bad teenager but smart. Boarding school kept me in line. It also was academically hard and challenging and competitive – everyone was trying to be the best – and that was v. good for me. A lot of my rowdiness IMO was because I was bored and unchallenged.

    I was sent away because my parents didn’t feel like dealing with me. Once they saw how much I enjoyed it I got yanked out :lol (and for the record, compared to how bad some kids can be nowadays I was a saint! I was just mouthy and disrespectful and my parents were crazy strict so I rebelled).

    I think a local private school that has the academics he craves would work just as well.

    Comment by FW — January 14, 2009 @ 6:06 pm

  13. Wow that must be hard thinking about him going away at a young age. But it’s an important learning experience for him to look into it himself. If he can get a scholarship I know those kind of schools can really open doors. I was interested in elite Catholic high schools and took all the entrance exams when I was young. I got a partial scholarship to a good school but ultimately decided against it. It’s been so long since then but I still look back and am glad my parents let me have a say in my education. Good luck!

    Comment by Sallie's Niece — January 16, 2009 @ 6:56 pm


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