Fees at leading independent schools have increased at rates far above inflation in the last year, research has revealed. This is from the Telegraph…
Headmasters argue that the rises are necessary to keep pace with wages and pensions in the state sector and were also fuelled by increases in utility bills.
But critics warn that many middle class parents are being priced out of the market as schools increasingly rely on the “global rich” to fill their classrooms.
The new study analysed the charges for the eldest pupils at 50 highly academic day and boarding schools and found an average increase of almost five per cent (4.97) between September 2011 and 2012, with some rises of more than eight per cent. Over the same period, the average consumer price index inflation was 2.2 per cent.
Janette Wallis, senior editor of the Good Schools Guide, which carried out the analysis, said: “In the current economic climate, families will be hard pressed to keep pace with school frees creeping above inflation again.
“Many boarding schools, and London day schools, are increasingly relying on the global rich who can afford these fees. Here on British terra firma every time fees rise there is a new chunk of children who fall out of independent education.”