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2025 Private School Costs (just a rant)

252 replies

sherbsy · 02/10/2024 10:45

Just a rant ladies as I wanted to get something off my chest...

My DH and I were lucky enough to go to private schools as kids. These schools weren't exactly posh, they were just former grammar schools (i.e. academic student factories) that converted in the 70s to private schools because the Labour government at the time told them to.

I know it's a privilege to go, there's a choice involved, a compromise etc. Neither of us ever went on holiday as kids or had many luxuries and our parents endured a lot to be able to afford it. I'm grateful for all they did and I wanted to do the same for my children.

But despite having good jobs...we just can't.

My rant is just at the excessive cost of it all in 2024. We both earn well and it's still beyond our means. With VAT being added in January, I'm not even sure it's worth it anymore.

When I left in 2000, it cost our parents ~£6,500 for a year. Inflation adjusted, that's about £12,000 in today's money. By no means cheap but both the schools we went to are now charging ~£22,000 per child, per year. That's before you factor in uniform, lunches, trips, exam costs etc.

Finding £44,000+ after tax every year with today's marginal tax rates, mortgage costs, food costs, energy costs etc just isn't possible for us...and I'd surprised many people can find it.

I know it's a middle-class rant, I know there's privilege involved but can anyone else empathise with us? It just feels like the Labour government have twice pulled the ladder away from capable kids (once in the 70s and now in 2024), offering it only to the rich ones.

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Ubertomusic · 06/10/2024 18:12

exprecis · 06/10/2024 17:16

I bet you also have peers from private school who earn a lot less though. I went to a very selective private school which was at that stage top 10 in the country and I would say most of my peers earn good salaries but in the 60-150k range. Lifetime post tax, that's not an incredible return on investment. And as I said before a fair few earn pretty average salaries in museums, academia, charity sector etc

With the house deposit my parents gave me, choosing a house very wisely has boosted my lifetime assets far more than my salary - and my salary isn't low.

Basically for me it's a risk calculation - some people will get a return on investment from private education, as you did - but everyone will benefit from somewhere secure to live

My DC is on music scholarship so no chance of high earnings, but as things go atm DC may end up not living in the UK in the end as there won't be much left for the arts very soon. No point in saving for a house here then, and other countries have very different property markets/much lower prices/culture of very long term renting etc.

Zigster · 07/10/2024 11:10

KatieL5 · 06/10/2024 14:27

Very few attend boarding schools and many of close who do are overseas students. Over 90% of UK pupils at PS are at day schools.

Pupils aren’t clustered in wealthy areas. Often those areas are the ones with outstanding state schools so no need for PS.

There will also be a lot of people who were PS educated that will never mention it to you. I doubt any of my neighbours know where I went to school nor indeed would most people at work. It is literally never discussed.

You may not think so but it really is a remarkable statistical quirk to have never known anyone who went to PS unless of course you only know about half a dozen people!

Edited

That’s nonsense. There are large parts of the country with no private day schools within a commutable reach.

I grew up in North Lincolnshire and never met a privately educated person until I went to university.

With a certain irony, I am now married to a privately educated woman and my children attend a reasonably smart private school.

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