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Do people expect ROI after paying private school fees?

212 replies

Enrew · 21/09/2024 17:29

By ROI, I mean getting into top unis/ prestigious job/ high performer in a sport etc?

I ask after a family friend spent around 120k on child's education and child dropped out of good uni course to become personal trainer/ influencer. Nothing wrong with that career choice imo but friend seems resentful/ annoyed that after spending so much money child won't be doctor/ lawyer / banker and they could have done this career regardless of where they went to school. It's as if they had expectations all along.

I have no experience of private school system myself and my DC will go to local state school but thinking about it if I was paying out thousands per year for DC to have top education, I'd probably have some extra expectations.

OP posts:
Annielou67 · 21/09/2024 18:18

You are a fool if you do. Our children had a full all-round education with lots of sports, activities and friends. They finished school as well-mannered socialised people who had loved their school and were mindful of their privilege. They made lots of friends. They probably got better results than they would have elsewhere, but how would you know? One is a chef. The other an actor who works in restaurants. They are good people. They do have very nice friends from all over the world. They have resisted the alumni clubs particularly in London, but their friends are all members and are convinced the networking is useful.

Bluevelvetsofa · 21/09/2024 18:17

Depends whether your idea of a stimulating career aligns with theirs.
Depends whether reaching their potential is important to them. How do you define reaching potential anyway?

I can see why you’d be disappointed if you spent 100K plus on education and your child chose not to work or to do a minimum wage job.

Killingoffmyflowersonebyone · 21/09/2024 18:17

For families that have to scrimp and save to get their kids there...yes, they do expect ROI.

My DD1 went to school with a girl whose parents made insane sacrifices to pay fr private school. We're not just talking no holidays etc. We're talking going without meals, working two jobs, only having one pair of shoes etc - honestly, it was pretty shocking to see. But the local states were shit. People don't make that sort of decision to see a child throw it away on a degree in media studies.

Commonsense22 · 21/09/2024 18:15

Enrew · 21/09/2024 17:36

I agree in principle but surely if you're giving them the very best start possible with so many doors open to them, you'd hope they'd take fullest advantage and go as far as they can ie so they'll never struggle financially , in a stimulating career etc

Yes, on the fence here. I'm less diplomatic than you - I see a load of problems with becoming an influencer. Not a career I'd ever encourage and yes, would be disappointed if dc picked that.

But private school is no guarantee of a lucrative career. Neither should a young person feel they have to pick a career based on income prospects.

Caravaggiouch · 21/09/2024 18:14

I’m sure plenty will come on here to say they don’t but in reality….of course they do. As someone who worked in a private hellhole school for a while, parents absolutely expected a return on their investment and were often angry when they felt they weren’t getting it.

Autumnblackberries · 21/09/2024 18:14

I took full advantage of my private education and it's made me miserable but self sufficient.
My kids are in state school but I'd move them if they were unhappy and failing.
I just want them to be able to pay their way in life and be happy ultimately.

llamali · 21/09/2024 18:13

EvangelicalAboutButteredToast · 21/09/2024 17:48

I do know someone whose child ended up an Estate Agent after 100k spent on private school. They lost their business and would now kill for that 100k back. They were fuming.

Edited

Not their kids fault their business was shit

llamali · 21/09/2024 18:12

Enrew · 21/09/2024 17:38

This is my experience too. I know a lot of friends who sends kids to private school and expectations are clearly there whether they admit it or not. Many are making sacrifices to afford the fees

Everyone wants their kid to fulfil their potential. It shouldn't be dependent on how much money is spent on them. And I hope parents like this are screened out at selection

sangriaandsunshine · 21/09/2024 18:12

My experience, both as a pupil at a rural private school and as the parent of a child at a local prep school, was that there were two groups. The first were broadly those who had family money or a family business and weren't "academic" themselves (although often intelligent). They sent their child to a private school as they wanted their child to have a inice time at school and better facilities, smaller classes, a more varied curriculum and lots of trips lent itself to that. Then there were those (like me) who could afford the fees as we were in well paid professional jobs and wanted our DC to do well academically and make the most of the music/sport/theatre opportunities as we wanted our DC to have something on their "CV" for the next stage of education/life. The fact that a private school might give them more confidence was a bonus too. For the group I was in, we were essentially looking for some sort of return on investment as we wanted our children to be the best they could be and thought a private education would facilitate that.
That, though, is perhaps only relevant for the types of school I am familiar with. I think some of the London day schools would have more parents in the ROI camp than in the "have fun" camp.
What will be interesting, is if society does become more equitable with the old school network and so on counting for less as then those looking for an ROI might realise that they can't buy the opportunities they used to and therefore question whether it is worth it. If the private school label counts against them, then that, along with the imposition of VAT, could lead to some changes in the pupil body make up as people might not be prepared to make a bigger sacrifice for a reduced chance of an ROi

GildedRage · 21/09/2024 18:10

My dd and son in law are more interested in a nurturing atmosphere, no class disruption, stimulating material (trips that tie in etc.)
And lastly the opportunity for further education. Not a guarantee to XYZ uni or connections to XYZ business sector.
Basically good childhood memories.

llamali · 21/09/2024 18:10

Radiatorvalves · 21/09/2024 17:36

I joke about waiting for the ROI and for DSs to keep me in the style to which I wish to become accustomed. But seriously all I want is for them to fulfil their potential and be happy rounded kind men.

Don't joke about it if they are in earshot

Allfur · 21/09/2024 18:09

It does seem like a waste of money if nothing comes of it, I'd rather go on a family holiday

TemuSpecialBuy · 21/09/2024 18:07

People will say no… it’s a terrible way to think about it

DH and I are children of immigrants.
none had any education beyond GCSEs some didn’t have that.
We both sat and got scholarships to schools that were academically in the top 10 in the uk.

they 💯 expected “ROI”.
we also expect “ROI”

if my child shows little academic aptitude I will support their education and in the best available state school option help them navigate their way to find the most appropriate career path…
but there’s no world in which we are dropping £250k to send them to St Cuthberts Nitwit Academy and Boarding school so they can go to Leeds Beckett and read media studies.

we don’t have generational wealth and despite being high earners our children don’t /wont have the luxury of studying fine art…

edwinbear · 21/09/2024 18:06

Nope. I just wanted my DC to have an enjoyable time at school, which they are.

DojaPhat · 21/09/2024 18:00

In the case you describe your friend did get the ROI - their kid ostensibly got into a good uni course, as you say in your post. That the kid thought 'sod it' or a variation thereof is a looming risk but thems the breaks.

Having said that, if you have the sort of parent capable of shelling out hundreds of thousands on your schooling and extra circulars to seemingly buy you a place at the top then you'll probably be fine doing a BA in Studies in British Soap Operas at a uni founded 2 months ago. You can reasonably take a few years to 'find your calling' while spending your afternoons journalling.

kitsuneghost · 21/09/2024 17:55

Of course some do. For many it might not be actually to do with investment but affording private school is often a luxury of high earners that are very driven. Very often they expect kids to have the same values as them and this is what their issue is.

witmum · 21/09/2024 17:55

For me it is about reducing the odds of not getting though the school system.

I have too many friends whose teens (for many reasons) are school refusers.

If my child can have a love of learning egnighted and surrounded bully others that are motivated to learn that has to be a good thing.

I went to a (bad) state comp and have struggled with sending my son privately. But it is the right thing for my family at the moment.

I do not care what he does post school as long as he is motivated to do it.

nOasistickets · 21/09/2024 17:54

Not really but I would be cross if they wanted to be an ‘influencer’ 😂😂 - only because im old and the concept of that is ridiculous to me (I have friend who are influencers - still ridiculous to me) 😂😂 I’m hoping it would die down by the time they graduate - they’re pretty young.

Lovetotravel123 · 21/09/2024 17:53

No, I send mine so that hopefully he has more choices in life and mainly just so that he has a more pleasant and enjoyable education. As long as he is happy I don’t mind what career he chooses.

DysonSphere · 21/09/2024 17:51

Pemba · 21/09/2024 17:50

What does ROI stand for? I can only think Republic of Ireland, obviously it's not that!

Return On Investment

Pemba · 21/09/2024 17:50

What does ROI stand for? I can only think Republic of Ireland, obviously it's not that!

EvangelicalAboutButteredToast · 21/09/2024 17:48

I do know someone whose child ended up an Estate Agent after 100k spent on private school. They lost their business and would now kill for that 100k back. They were fuming.

Wisenotboring · 21/09/2024 17:47

Some do, some don't. Believe it or not parents in private schools hold different values and aspirations for educational outcomes, just like parents in state schools.
Your question seems a little faux naive. It's like saying are all state parents poor and don't care what they're children do?
I'm a state and private parent. I want all my children to be well stimulated, taught in line with their abilities and to emerge having fulfilled their potential with real choices and aspirations for their future.

Zanatdy · 21/09/2024 17:44

Well I think many parents do expect that from paying so much. I must admit I did think last month when my DD got 11 x G9’s from a state school that I’ve not paid a penny for that. Of course people don’t just pay private education for the academics, but the majority probably hope they will go on to a good Uni

DysonSphere · 21/09/2024 17:42

Would have loved to have had the opportunity to go private school. Forced into to a bottom drawer comp instead.

I personally haven't met anyone whose gone to private school who hasn't benefitted from it. They just seem to have a wuder scope of general knowledge and a certain polish. That's apparent even with those who have ended up in the same positions I have.

I think you can never lose in investing in your children's education. As regards specific high status ROI, it may well jump a generation so, grandchildren may benefit from experiences or connections gained by parent who went to PS.

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