Sunday, September 17, 2006

Debt for Private Education

The UK Observer newspaper reports parents are going into massive debt to ensure their children have a good education.

This is a difficult quandry, for debt is the cancer of the modern world, though educating our children is often seen as the sweet cure to future maladies.  If there is one thing worth enduring debt for, its giving your children a good start in life.

Ensure the school you want to send them is actually as good as it claims, many just play of their historic results, as oppose to recent stats.

Also check other costs if you go this route: uniform, books, trips... these are often big hidden costs at private schools....

Parents who have not got their first choice of state school for their children or are worried that their local schools are just not up to scratch often feel they have little choice but to send their children to private schools - even if that means pushing themselves to the limit financially. The news that more and more parents are getting into debt to pay school fees is a sign of the lengths some families will go to for their children's education.

http://observer.guardian.co.uk/cash/story/0,,1874113,00.html