Parents Are Paying $50,000 for Prep Schools Their Kids Might Not Attend
Children play outside at the Ingeniero Miguel Bernard primary school on the southern outskirts of Mexico City, Mexico. (Photographer: Brett Gundlock/Bloomberg)

Parents Are Paying $50,000 for Prep Schools Their Kids Might Not Attend

(Bloomberg) -- After fleeing New York for their second homes, some of the wealthiest families in the U.S. are paying to reserve spots in the city’s elite schools — even though their children may no...
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