Private school fees rise by 41% - News in brief - Evening Standard
       

Private school fees rise by 41%

The cost of sending a child to a private school has soared by 41% during the past five years, increasing by more than twice the rate of inflation, research shows.

The annual bill for educating a child privately as a day pupil is now £9,627, up from £6,820 in 2002, according to Britain's biggest mortgage lender Halifax.

The group said during the past year alone, school fees had risen by 6%, a third more than the 4% that inflation has risen by.

In real terms the fees have jumped by 20% since 2002, while during the same period average earnings have risen by only 4%.

Halifax said the steep rise in the cost of fees was putting a private education beyond the means of people on average earnings in many occupations.

In 2002 the average worker in 23 occupations could afford to have their child educated privately, but today professionals from only 13 occupations could hope to pay the fees.

Those who can still meet the cost of a private education include senior directors, doctors, pilots, lawyers, accountants and architects.

But scientists, police officers, tax experts, engineers, journalists, clothes designers, teachers and lecturers, writers, trading standards officers and computer programmers can all no longer afford the fees.

Parents who want their children to board can expect to pay nearly double the fees for day pupils at an average of £20,970, 36% more than in 2002.

But despite the huge cost of sending a child to a private school, the number of pupils being educated privately has still increased by 6% since 2001/2002 to reach 669,300; the equivalent of around one child in every 15.

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