Private school education could be poor investment, research shows

Richard Adams:

A private school education may be a poor investment, according to research commissioned by a firm of stockbrokers that shows rapid growth in independent school fees outstripping the incomes of middle class professionals. The research, published by investment advisers Killik & Co, says the £236,000 paid by parents of a day pupil would, if invested, return nearly £800,000 over the child’s lifetime – enough to pay for university, put down a substantial deposit on a house and leave £500,000 for retirement.