Paying for Child's Education

[RichieG]

High School - Not University

How many people would or do send their children to a private school?

If so why did you choose this way? Or why did you choose the government driven schools?

Things I can think of that could be a difference -

- standard of teaching
- class sizes
- families with money
- specialist lessons
- discipline and manners
- quality of person

I am not saying what is right or wrong but what is or would your position be on where you would send your children?

 

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[Get Right]

The majority of US parents (whom are millionaires) send their kids to the best public education system in their area. They supplement that education with tutoring/sports/outside learning. I'll try to find the exact statistic/percentage.

Private school in my area would cost me $30k/year. Multiple that times 10 years and you get $300k. Now look what you get from that 300k in terms of academic performance. In my area, I'm not seeing the +EV in kids getting out of that system. Are they really going to make that back?

Now what would happen if you took the same $300k and bought a house for your kids? No student loans and no house payments. Which path do you think sets them up for life? Sounds a lot like the college debate doesn't it?

 

[RichieG]

The majority of US parents (whom are millionaires) send their kids to the best public education system in their area. They supplement that education with tutoring/sports/outside learning. I'll try to find the exact statistic/percentage.

Private school in my area would cost me $30k/year. Multiple that times 10 years and you get $300k. Now look what you get from that 300k in terms of academic performance. In my area, I'm not seeing the +EV in kids getting out of that system. Are they really going to make that back?

Now what would happen if you took the same $300k and bought a house for your kids? No student loans and no house payments. Which path do you think sets them up for life? Sounds a lot like the college debate doesn't it?

I thought about the University argument. I think at 18 paying for an education is pretty pointless. However from 11-16 children are learning and developing and are children. Whilst I think the general curriculum is pretty dire there are some good skills that can be picked up. If a child goes to a state school with bigger classes and is quite bright what happens if they are bored and not challenged?

In reality school is a baby sitting service and wouldn't you prefer to pay for class size, standards, challenging, mixing with money, specialist education etc.