When Do You Send Your Child To Private School?

Since the year 1913, American citizens have voted to elect state senators, but that has not always been the case. Up until the mid-1850s, senators were appointed by the legislatures of the state they represented in a system that worked quite well. The idea behind this method of selection was that allowing state legislatures to elect their senators would strengthen their ties to the national government and allow them to conduct business without the distraction of pressure from the general population.

Upon the ratification of the Seventeenth Amendment in 1913, however, things changed. Senators are now elected by popular vote with each senator representing a single state, and each state is represented by two senators. Senators play an important role in the U.S. government by writing and voting on bills, and legislation that affects the people in their representative state.

Because U.S. senators have the power to approve or deny legislation that directly affects their constituents, it is important that each senator be a fair representation of the people and the politics of each state. Problems arise when there is a disconnect between politics and the people – when a senator votes based on his own agenda rather than the will of the people. Each senator’s educational background and upbringing bear significant weight in the decisions he makes for his state.

We recently conducted a survey of all U.S. senators to collect some information about their educational background. After collecting this information, we analyzed it and were able

In the nineteenth-century education for several of our presidents was strictly hit or miss for a variety of reasons. On the other hand, a couple of presidents enjoyed what you and I know in the 21st century as Ivy League educations. Fortunately for our young nation, most of these men were leaders who were able to guide our country through so uncharted waters and perilous times.

17 - Andrew Johnson

President from April 15, 1865 to March 4, 1869
Born: December 29, 1808, Raleigh, North Carolina
Died: July 31, 1875, Carter County, Tennessee, Tennessee
Political party: Democratic Party

North Carolina native Andrew Johnson succeeded Abraham Lincoln. He had no formal schooling as his family was very poor. His meager educational background notwithstanding, Johnson apparently was a skilled public speaker.

Book Scrolling has a list of books about our 17th president.

18 - Ulysses S. Grant

President from March 4, 1869 to March 4, 1877
Born: April 27, 1822, Point Pleasant, Ohio
Died: July 23, 1885, Wilton, New York
Political party: Republican Party

Ohio native Hiram Ulysses Grant appears to have had formal schooling from the age of five. He attended a subscription school, i.e., a school which his parents paid for him to attend, as well as two private schools, the Maysville Seminary, and John Rankin's Academy. He matriculated to West Point. Ron Chernow's book about President Grant was #1 on the New York Times

I was musing the other day about how things might have turned out differently if this or that had happened in my life. The same exercise applies to just about any subject. So let's do it with private schools.

What if you can't make up your mind about whether to send your daughter to grade school or to high school?

You won't be alone if you are in a quandary about sending your child to primary grades or to high school. I wrote about this at length in Should You Send Your Child to Private Primary or High School? It is a catch 22 situation. The primary school lays the foundation for solid achievement in high school, while high school lays the foundation for solid achievement in college. If either academic foundation is constructed with less than the best materials, the educational structure built on that foundation will have deficiencies.

The solution is to find a private school which meets as many of your requirements as possible. I explain how to do this in The Search Process: A 5 Point Checklist

What if you think you cannot afford to send your child to a private school?

It is discouraging when you discover that a day school can cost $35,000 or more. And that's just for tuition. Add in fees and sundries such as music lessons, and you are probably looking at more than $40,000. Luckily, you have several options available to you. The first and most

In December 2017 the 115th Congress of the United States passed a major act dealing with taxes. One of the changes in the Tax Code pertained to ESA or Educational Savings Accounts. Most parents and grandparents are probably familiar with ESAs as a means of saving for their children and grandchildren's college educations. Congress has expanded Section 529 ESAs to include K-12 education expenses as well as college expenses.

First, a bit of history. The educational savings accounts known as Section 529 plans were created by the Small Business Job Protection Act Of 1996. The section of this act which pertains to educational savings accounts is entitled PART VIII—QUALIFIED STATE TUITION PROGRAMS. The text begins on page 141. This is worth reading so that you can discuss the topic with your financial advisor when you set up your 529 plan.

Changes to the Tax Code

On Friday, December 22, 2017 President Donald Trump signed An Act to Provide for Reconciliation Pursuant to Titles II and V of the Concurrent Resolution on the Budget for Fiscal Year 2018 While the Act has effects on a wide range of tax situations, the specific text pertaining to K-12 educational expenses can be found on page 74. Here is the relevant paragraph:

‘‘(7) TREATMENT OF ELEMENTARY AND SECONDARY TUITION.—Any reference in this subsection to the term ‘qualified higher education expense’ shall include a reference to expenses for tuition in connection with enrollment