Private schools also receive the bulk of their revenue from private contributions and fees.
(Plus another $8k one-off fee to apply/enrol a child)
The article is glossing over the fact that the crazy amount of money this school has is coming from parents.
$32,000 to $47,000 per year per kid pays for a lot. Assuming these fees were frozen for the next 13 years (which they obviously won’t be), it’d cost a parent $525,284 per kid to send them to this school. Plus all the other costs like uniforms, books, excursions etc.
(Plus another $8k one-off fee to apply/enrol a child)
The article is glossing over the fact that the crazy amount of money this school has is coming from parents.
$32,000 to $47,000 per year per kid pays for a lot. Assuming these fees were frozen for the next 13 years (which they obviously won’t be), it’d cost a parent $525,284 per kid to send them to this school. Plus all the other costs like uniforms, books, excursions etc.
Some people can afford this.
Sounds like a good reason to tax wealthy families more, let all children’s education benefit from that wealth.