Monday, September 10, 2012

The cost of a ‘free’ education

Top schools 'cost £34,000'

Brits looking to live near state schools will have to spend an extra £34,000 on their property, according to research released by Lloyds TSB.

Posted by keithhodges @ 08:54 AM (845 views)
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3 thoughts on “The cost of a ‘free’ education

  • In that case, it is clearly cheaper to go to private school and almost certainly cheaper to home school and have one parent at home if you can afford to live in a cheaper area. Indeed, when you consider that the cost to the tax payer per school place is similar to some of the low end private school fees, you realise that the State school system is a total rip off.

    We should phase it out, slashing taxes across the board, providing subsidy for those who cannot afford it still.

    But unfortunately even that plan would not work because the psychopaths in government would take it from us and not give us any tax cuts.

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  • Location, location, location. I have a terrible school at the end of my street, but with nice facilities. It is so bad that parents are sometimes sent to the head teacher for fighting… However, it is improving with a new head teacher. All of the home owners have a free lottery ticket – the school can’t get any worse, and if it gets better, they get a free capital gain when their home value jumps.

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  • £34,000 seems like good value, in reality that only costs you the extra mortgage payments of 5% x £34,000 a year = £1,700 or something, cheap at half the price if it’s a good school.

    OTOH, exactly.

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