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November 17, 2006

Ultra-Rich Spend $50,000 to Hire a Private Tutor for Kids

posted by MR WAVETHEORY at 11/17/2006 04:59:00 AM
The ultra-rich in America are turning to private tutors to educate their kids. Think $10,000 or $20,000 for prep school is expensive? Meet Tiffany Wheeler.

Tiffany Wheeler is 16, lives in an apartment overlooking Lincoln Center and doesn't attend one of New York City's elite private schools. She doesn't go to public school, either. The teachers come to her.

``People have asked me if I'm spoiling my daughter,'' said Tiffany's mother, Charlene Royce. ``To me, there is no amount of money that is too much to get her the education and tools she needs to succeed.''

Royce said she and her ex-husband, Thomas, 78, an investor in Detroit, spend more than $50,000 a year for Tiffany's instructors in environmental science, geometry, American history, English and Spanish. Royce, a 45-year-old single mother and investor, also sends Tiffany to classes at Broadway Dance Center.

The last time that private tutors were popular was during the medieval period.

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