Is Private school for your child worth it Explained

Ashly Chole Senior Finance Researcher

Last Updated 01 March 2024

Whether or not a private school is worth it for your child depends on a variety of factors, including your personal beliefs, financial situation, and your child's academic and social needs. Here are some points to consider:

  • Cost: Private schools can be significantly more expensive than public schools, and this can be a major factor in deciding whether or not it's worth it for your family. You'll need to weigh the financial benefits of a private education against the cost, and determine if it's something that you can realistically afford.
  • Academic Quality: Private schools often have smaller class sizes and more individualized attention, which can lead to better academic outcomes. Additionally, private schools may have more resources and funding for extracurricular activities and special programs that can enhance your child's education.
  • School Environment: Private schools may offer a more structured and rigorous academic environment, which can be beneficial for some students. Additionally, private schools often have a strong sense of community and a focus on character development and values.
  • Socialization: Public schools offer more diversity in terms of the student body, which can help children learn to navigate different social situations and develop a greater understanding and empathy for people from different backgrounds. However, private schools may offer a more tightly-knit community and the opportunity to build close relationships with peers.

Ultimately, the decision of whether or not a private school is worth it for your child depends on your unique circumstances and priorities. It's important to carefully consider all the factors involved and talk with your child and educators to make an informed decision.

What is a private school?

A private school is a type of educational institution that is independently operated and funded by tuition fees and private donations, rather than being funded by the government. Private schools may also receive some support from foundations, religious organizations, or other non-governmental entities.

Private schools typically offer a variety of educational programs, including primary, secondary, and sometimes post-secondary education. Private schools may also focus on specific areas of study, such as the arts, STEM (science, technology, engineering, and math), or language immersion.

Private schools may differ from public schools in terms of admission requirements, curriculum, and teaching methods. They may also have smaller class sizes, more specialized programs, and a greater emphasis on extracurricular activities.

Private schools may also have different goals and philosophies than public schools, and may be associated with a particular religion, ideology, or educational philosophy. While private schools may provide excellent education, they can also be expensive and may not be accessible to everyone.

Private Schools Vs State Schools

Private schools and state schools are two different types of educational institutions that have some fundamental differences in terms of their ownership, funding, curriculum, and admission policies.

Private schools are typically owned and operated by private individuals, organizations, or corporations, and they charge tuition fees for their services. Private schools have more autonomy over their curriculum, teaching methods, and policies. They often have smaller class sizes, more individual attention to students, and better resources and facilities compared to state schools. Private schools also tend to have more specialized programs, such as music, arts, sports, or international education, which may not be available in state schools.

On the other hand, state schools are owned and operated by the government, and they provide free education to all eligible students within their catchment areas. State schools are funded by the government and have to follow the national curriculum and education standards. They have larger class sizes, fewer resources, and less flexibility in terms of their programs and policies. However, state schools also have a more diverse student population and offer a wider range of extracurricular activities, including sports, music, drama, and clubs.

private schools offer more personalized education and specialized programs but charge tuition fees, while state schools provide free education to all but have larger class sizes and fewer resources. Ultimately, the choice between private and state schools depends on the individual needs and preferences of the students and their families.

Private Vs State Schools

Aspect Private Schools State Schools
Ownership Privately owned and operated Government owned and operated
Funding Tuition fees charged Government funded, free to attend
Curriculum More autonomy, specialized programs National curriculum and standards
Class sizes Smaller class sizes Larger class sizes
Resources More resources and facilities Fewer resources and facilities
Admission policies May have selective admission policies Open to all eligible students within catchment area
Extracurricular activities More specialized programs and activities More diverse range of activities

Percentage Of Business Owners Who Went To Private School

The percentage of CEOs who went to private school varies depending on the region and country being examined. However, according to a study by EducatedRooster.com, in the United States, around 30% of Fortune 500 CEOs attended private school for at least part of their education. This suggests that attending a private school may provide some advantages in terms of career opportunities, networking, and access to resources that can help one succeed in business. It is worth noting that while attending a private school may provide some advantages, it is not the only factor that determines success in the business world, and many successful individuals have achieved their goals without attending a private school.

Benefits of Sending Your Child to a Private School

Private schools offer several benefits that may not be available in public schools. Some of the benefits include:

  • Small class sizes: Private schools often have smaller class sizes, which can result in more personalized attention for students.
  • Specialized programs: Many private schools offer specialized programs in areas such as arts, music, or language immersion.
  • More resources: Private schools often have more resources, such as advanced technology or specialized equipment for science or sports.
  • Strong sense of community: Private schools often foster a strong sense of community among students, parents, and faculty.
  • High academic standards: Private schools often have higher academic standards and rigorous curriculum.

Cost of Private School Education Compared to Public School Education

Private school education is generally more expensive than public school education. According to the National Center for Education Statistics, the average cost of private elementary school tuition in the United States is $11,004 per year, while the average cost of private high school tuition is $21,164 per year. In contrast, public school education is funded by taxes and is generally free for residents of the school district.

Quality of Education in Private Schools versus Public Schools

Research has shown that there is no clear advantage of private schools over public schools in terms of academic performance. However, private schools may offer other benefits such as smaller class sizes, specialized programs, and a strong sense of community that can enhance the overall educational experience.

Preparation for College and Career Success in Private Schools

Private schools may provide a better preparation for college and career success due to their rigorous curriculum, high academic standards, and specialized programs. Private schools may also offer more opportunities for internships and extracurricular activities that can enhance a student's resume.

Student-to-Teacher Ratio in Private Schools

Private schools often have smaller class sizes and lower student-to-teacher ratios than public schools. This can result in more personalized attention and support for students.

Curriculum Differences between Private and Public Schools

Private schools may have more flexibility in their curriculum and may offer specialized programs that are not available in public schools. Private schools may also have a stronger emphasis on traditional academic subjects such as literature, history, and foreign languages.

Admission Process for Private Schools

The admission process for private schools can vary depending on the school. Many private schools require an application, transcripts, and test scores. Some schools may also require interviews or essays. Admission may also be based on factors such as academic performance, extracurricular activities, and character.

Extracurricular Activities Offered at Private Schools

Private schools may offer a wide range of extracurricular activities such as sports, music, theater, and clubs. Many private schools also offer community service and volunteer opportunities.

Diversity in Private Schools versus Public Schools

Private schools may be less diverse than public schools. However, many private schools strive to create a diverse community and may offer scholarships or financial aid to students from underrepresented backgrounds.

Financial Aid and Scholarships for Private School Education

Private schools may offer financial aid or scholarships to help families afford the cost of tuition. The availability of financial aid and scholarships can vary depending on the school and the student's financial need.

Safety of Students in Private Schools

Private schools are responsible for ensuring the safety of their students. This may include measures such as security cameras, controlled access to the building, and safety drills. Private schools may also have policies in place to address issues such as bullying or harassment.

Reputation of Private Schools in the Community

Private schools may have a reputation for providing a high-quality education and for offering specialized programs or extracurricular activities. Private schools may also be associated with certain values or beliefs, such as religious or cultural traditions.

Values and Beliefs Promoted at Private Schools

Private schools may promote certain values or beliefs that are important to the school's mission or philosophy. This may include religious or cultural values, or a focus on character development and community service.

Culture of Private Schools versus Public Schools

The culture of private schools may differ from that of public schools. Private schools may have a stronger sense of community and a greater emphasis on tradition and academic excellence. Private schools may also have a more formal dress code and stricter behavioral expectations.

Emotional and Social Development Support in Private Schools

Private schools may offer support for the emotional and social development of their students through programs such as counseling, mentorship, or peer support. Private schools may also have a strong focus on character development and community service.

Catering to Individual Needs of Students in Private Schools

Private schools may offer more personalized attention and support for students with individual needs such as learning disabilities or giftedness. Private schools may also have specialized programs or resources to address specific needs.

Parental Involvement in Private Schools

Private schools may offer opportunities for parents to be involved in their child's education through volunteering, attending events, or serving on committees. Private schools may also have a strong partnership with parents to support the academic and social success of their child.

Technology in Private School Classrooms

Private schools may incorporate advanced technology into their classrooms, such as interactive whiteboards, tablets, or computer labs. Private schools may also offer specialized programs in areas such as coding or robotics.

Job Opportunities for Private School Graduates

Private school graduates may have an advantage in the job market due to their rigorous education, high academic standards, and specialized programs. Private school graduates may also have a strong network of alumni connections.

Comparison of Private Schools and Charter Schools

Private schools and charter schools differ in their funding, governance, and admission policies. Private schools are typically funded by tuition and may have more autonomy in their governance. Charter schools are publicly funded but operate independently and may have more flexibility in their curriculum and policies. Both private schools and charter schools may offer specialized programs and extracurricular activities.

Is Private School For Your Child Worth It?

When deciding whether to send your child to a private school, it is important to consider the benefits and drawbacks of private education. Private schools may offer several advantages such as smaller class sizes, specialized programs, and a strong sense of community. However, private schools are generally more expensive than public schools and may not offer the same level of diversity or accessibility. Ultimately, the decision to send your child to a private school should be based on your family's values, priorities, and financial situation.