EXHIBIT 23
 
                        CONSENT OF INDEPENDENT AUDITORS
 
     We  consent to the incorporation by reference in the Registration Statement
(Form S-8 No.  33-91090) pertaining to  the Scholastic Inc.  401(K) Savings  and
Retirement   Plan,  in  the  Registration  Statement  (Form  S-8  No.  33-46338)
pertaining to the 1992 Stock Option Plan as of May 19, 1992, in the Registration
Statement (Form S-8 No. 33-98186) pertaining  to the 1995 Stock Option Plan,  in
the  Registration Statement  (Form S-8 No.  33-50128) pertaining  to the Outside
Directors' Stock  Option Plan  and the  Stock Option  Agreement with  Joseph  W.
Oliver  and in the Registration Statement  (Form S-8 No. 33-74064) pertaining to
the Non-Employee Director Stock-For-Retainer  Plan of our  report dated July  3,
1996,  with respect  to the  consolidated financial  statements and  schedule of
Scholastic Corporation included in this Annual  Report (Form 10-K) for the  year
ended May 31, 1996.
 
                                                         /s/ Ernst & Young LLP
                                                         Ernst & Young LLP
 
New York, New York
August 21, 1996