So I’m going to take the approach of describing the composition of the body of parents when our DC was at a prep school in the south, 50 mins by train from London.
Breaking it down into categories plus bearing in mind this was 2012-2015.
Category 1 Old money/no old money -
Mainly composed of those where one parent had attended the prep school themselves or had attended similar institutions. The age of a car (potential sacrifice) is completely irrelevant to anyone in this category, they drive big old cars they would only replace when they needed to. Holidays (potential sacrifice) they only go abroad to places where they have family or family connections, they don’t recognise Norfolk or Cornwall as making a sacrifice. They visit rather than holiday so have no concept of Airbnb or Booking.com. Payment of fees - always late (even if by Coutts cheque) and by term never enough money or the approach to parting with it that allows paying of the whole year up front. May have multiple children, won’t have shiny new uniform. To be found cheering on the sports field, raking through the trainers in the second hand uniform shop, complaining in the office about a lost sock or a letter they have been sent stating Henry’s tie is the old obsolete style and they must replace it. And, of course, a potential school governor.
Category 2 New Money - Doctors, lawyers, property developers, financial advisors, small business owners. Most of these have enough disposable income to afford whatever fee increase or expensive trip is thrown at them. Who knows whether they pay termly or annually, they wouldn’t tell you. They don’t complain, the school likes them. Occasionally, a self employed, financial advisor or property developer falls by the wayside and loses their job/money. They go quietly. They are not often on the school governors. They don’t need to make sacrifices unless they lose their job/business, if they go lose it they just go.
Category 3 Older parents/parents of one - they afford it by not having too many kids or being old enough to have a small mortgage, savings, pension prospects etc. Pay upfront for whole year. School likes these and sometimes lets them onto committees and governing bodies. They know they can afford it, sometimes they decide to leave to be prudent or because it’s not really their ideal of what education should be and ignorance of independent schools system dynamics made them falsely believe paying gives you any say in anything. Yup that was us 🤣
Category 4 Average income looking for better than the state school could offer - sacrifice features much more as a concept and sometimes as a reality. Regarding a concept - hardly any other private school parent outside this category will understand the idea of regularly replacing a car, decorating etc. Likewise, expensive holidays and/or package deals are only concepts of any meaning to this group. Reality - fees by term, budgeting, sacrificing savings, covering school fees wouldn’t theoretically be possible from only one of two salaries.