Why private schooling is a waste of money

Advertisement

By Leith van Onselen

As an Australian parent in 2018, the public versus private school debate is hard to avoid. With two children aged 7 and 10, and living in a fairly affluent area of Melbourne, I am continually asked “which private school will you send your kids to”? When I respond that I am planning to send my daughter to the local public schools (my autistic son goes to a special school), I am often greeted with blank stares or comments like “but don’t you want to give your child the best possible education”?

My usual response is to either ignore their comment or retort with something like: “there’s no guarantee that private schooling leads to better outcomes” or “I cannot justify the cost”.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.