At Private Schools, Another Way to Say ‘Financial Aid’

SHANNON LUBIANO never dreamed she could send her children to the Duke School, an independent elementary school in Durham, N.C., where the tuition is $15,000 for prekindergarten, rising to nearly $18,000 for eighth grade. But then a friend told her about the school’s indexed tuition plan — essentially a pay-what-you-can model for a private education — and that made all the difference for her. More...