Securities and Exchange Commission

                     Washington, D.C. 20549

                          Schedule 13G

            Under the Securities Exchange Act of 1934

                        (Amendment No.7)*

                        



Name of Issuer: Scholastic Corp.

Title of Class of Securities: Common

CUSIP Number: 807066105



*The remainder of this cover page shall be filled out for a 

reporting person's initial filing on this form with respect to 

the subject class of securities, and for any

subsequent amendment containing information

which would alter the disclosures provided in a

prior cover page.







The information required in the remainder of this cover page 

shall not be deemed to be "filed" for the purpose of Section 18

of the Securities Exchange Act of 1934 ("Act") or otherwise

subject to the liabilities of that section of the Act but shall

be subject to all other provisions of the Act (however, see the

Notes).



CUSIP Number: 807066105

1. Name of Reporting Person: Jennison Associates Capital Corp.

S.S. or I.R.S. Identification No. of Above

Person: IRS Identification #13-2631108

2. Check the Appropriate Box if a Member of a

Group:  Not Applicable

3. SEC Use Only

4. Citizenship or Place of Organization: New York

Number of Shares Beneficially Owned By Each Reporting Person With:

5. Sole Voting Power:  0 shares

6. Shared Voting Power: 0 shares

7. Sole Dispositive Power: 0 shares

8. Shared Dispositive Power: 0 shares

9. Aggregate Amount Beneficially Owned by Each 

Reporting Person: 0 shares

10. Check Box if the Aggregate Amount in Row 9 Excludes 

Certain Shares*: ( )

11. Percent of Class Represented by Amount in Row 9: 0% 

12. Type of Reporting Person*: IA






               SECURITIES AND EXCHANGE COMMISSION

                     Washington, D.C. 20549

                          Schedule 13G

            Under the Securities Exchange Act of 1934





Item 1(a) Name of Issuer: Scholastic Corp.

Item 1(b) Address of Issuer's Principal Executive Offices:

555 Broadway

New York, NY 10012

Item 2(a) Name of Person Filing:  Jennison

Associates Capital Corp.

Item 2(b) Address of Principal Business Office or

Residence: 466 Lexington Avenue

New York, NY  10017

Item 2(c) Citizenship: New York

Item 2(d) Title of Class of Securities: Common

Item 2(e) CUSIP Number: 807066105









               SECURITIES AND EXCHANGE COMMISSION
                   
                     Washington, D.C. 20549

                         Schedule 13G

            Under the Securities Exchange Act of 1934

                        

                        

                        

                        

Item 3 If this statement is filed pursuant to Rules 13d1(b),

or 13d-2(b), check whether the person filing is a:

(a) ( ) Broker or Dealer registered under Section 15 of the Act

(b) ( ) Bank as defined in Section 3(a) (6) of the Act

(c) ( ) Insurance Company as defined in Section 3(a) (19) of the Act

(d) ( ) Investment Company registered under Section 8 of the 

Investment Company Act

(e) (X) Investment Adviser registered under Section 203 of the

Investment Advisers Act of 1940

(f) ( ) Employee Benefit Plan, Pension Fund which is subject to the

provision of the Employee Retirement Income Security Act of 1974

or Endowment Fund; see Section 240.13d-1(b) (ii) (F)

(g) ( ) Parent Holding Company, in accordance with Section

240.13(b) (ii) (G) (Note See Item 7)

(h) ( ) Group, in accordance with Section 240.13d-1(b) (ii) (H)



Item 4 Ownership:

(a) Amount Beneficially Owned: 0 shares

(b) Percent of Class: 0%

(c) Number of shares as to which such person has:

 0 (I) sole power to vote or to direct the vote

 0 (II) shared power to vote or to direct the vote

 0 (III) sole power to dispose or to direct the disposition of

 0 (IV) shared power to dispose or to direct the

               disposition of

               

               

Jennison Associates Capital Corp. ("Jennison") furnishes investment

advice to several investment companies, insurance separate

accounts, and institutional clients ("Managed

Portfolios"). As a result of its role as

investment adviser of the Managed Portfolios, Jennison may be deemed

to be the beneficial owner of the shares of the

Issuer's Common Stock held by such Managed

Portfolios.  The Prudential Insurance Company of

America ("Prudential") owns 100% of the stock of

Jennison.  As a result, Prudential may be deemed

to have the power to exercise or to direct the

exercise of such voting and/or dispositive power

that Jennison may have with respect to

the Issuer's Common Stock held by the Managed

Portfolios.


Jennison does not file jointly with Prudential, as such, shares

of the Issuer's Common Stock reported on Jennison's 13G may be

included in the shares reported on the 13G filed by Prudential.

These shares were acquired in the ordinary course of business,

and not with the purpose or effect of changing or influencing

control of the Issuer.  The filing of this statement should not

be construed as an admission that Jennison is, for the purposes

of Sections 13 or 16 of the Securities Exchange Act of 1934, the

beneficial owner of thes shares.









Item 5 Ownership of Five Percent or Less of a Class:

If this statement is being filed to report the fact that as of

the date hereof the reporting person has ceased to be the

beneficial owner of more than five percent of the securities,

check the following (X).









               SECURITIES AND EXCHANGE COMMISSION 

                    Washington, D.C. 20549

                        Schedule 13G

             Under the Securities Exchange Act of 1934

                        

                        

                        

                        

Item 6 Ownership of More than Five Percent on Behalf of Another Person:

Our clients have the right to receive or the power to direct the

receipt of dividends or the profits from the sale of such

securities.  No one client owns more than 5% of such security

class.








Item 7 Identification and Classification of the Subsidiary which

Acquired the Security being Reported on by the Parent

Holding Company: Not Applicable









Item 8 Identification and Classification of

Members of the Group: Not Applicable









Item 9 Notice of Dissolution of Group: Not Applicable









Item 10 Certification:

By signing below I certify that, to the best of my knowledge and 

belief, the securities referred to above were acquired in

the ordinary course of business and were not acquired for the

purpose of and do not have the effect of changing or

influencing the control of the issuer of such securities and

were not acquired in connection with or as a participant in any

transaction having such purposes or effects.

After reasonable inquiry and to the best of my

knowledge and belief, I certify that the correct

information set forth in this statement is true,

complete and correct.









February 10 ,1998





Karen E. Kohler, Senior Vice President and Director