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Cost of edu kids6/25/2023 ![]() According to data from the Nation Center for Education Statistics, the average price of a year of private elementary school is $7,770, and the average annual cost of private high school is $13,030.īy multiplying the cost of elementary school by nine (grades K-8) and adding it to the cost of a four-year high school, we get an average total cost of educating a child privately of $122,050, or $782 a month. On top of that, the Privados pay for their child's private school. In comparison, we'll say the Privados live in an average school district and buy a home that will cost the national median of roughly $998 a month over the same time period. A median-priced house in Auburndale, Massachusetts-which Trulia lists as having some of the best public schools-will end up costing the Publicos about $2,120 a month. Buy calculator* to see how much living in an average-size house in a top school district for 13 years (kindergarten through 12th grade) would cost. To figure out how much the Publicos will spend, we'll use Trulia's Rent vs. The Privados prefer private education, so they move to a neighborhood with average schools (and median home prices) and send their child to prep school. The Publicos want to give their child the best public education they can, so they move to a neighborhood with one of the nation's top public schools. To answer the question of how much going to private school could potentially save, we need the help of two fictional families: the Publicos and the Privados. ![]() That means in certain cases, private school can actually be a bargain. That means school funding and quality varies drastically depending on where you live, and homes in top school districts tend to be eye-poppingly expensive.Īccording to a recent Trulia report, houses in districts where even rich families send their children to public school-suggesting the quality of education is especially high-can cost more than twice the national average per square foot. In what might be one of America's most regressive policies, the government divides the country into school districts, each supported by a local tax base. The problem with that logic is that public school actually isn't free. After all, public education doesn't cost anything, and you can't compete with free, right? One thing everyone agrees on, though, is that private school is expensive-especially compared with the competition. This study identified factors associated with increased cost of cardiac surgical procedures, cardiac catheterizations, non-cardiac surgical procedures, and medical management in children with CHD.Ĭongenital Cost prediction Healthcare costs Heart defects.For most Americans, private school seems like an unaffordable luxury, or an unnecessary extravagance, depending on your point of view. Hospital cost in children with CHD represented 23% of global cost while accounting for only 4.4% of discharges. Independent predictors for increased cost were hospital bed size <400 beds (P < 0.001), more than four procedures performed during the same hospitalization (P = 0.001), use of ECMO (P < 0.001), length of hospital stay exceeding 14 days (P < 0.001), cardiac failure (P < 0.001), sepsis (P < 0.001), acute kidney injury (P < 0.001), and neurologic (P < 0.001) and thromboembolic complications (P < 0.001). In 2012, total hospital cost was 28,900 M$, while hospital cost in children with CHD represented 23% of this total and accounted for only 4.4% of hospital discharges. Multivariable logistic regression was applied to determine independent predictors for increased hospital cost. The 2012 Healthcare Cost and Utilization Project Kid's Inpatient Database was used to evaluate hospital cost in neonates and children with CHD undergoing cardiac surgery, cardiac catheterization, non-cardiac surgical procedures, and medical treatments. This study sought to determine overall hospital cost in children with congenital heart disease (CHD) and to compare cost associated with cardiac surgical procedures, cardiac catheterizations, non-cardiac surgical procedures, and medical admissions.
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