Skip to playerSkip to main content
  • 3 minutes ago
Parents are still prepared to pay more for their children's education despite the cost-of-living crunch. They are leaving public schools in favour of private education with financial surveys showing education is the one of the last costs parents will skimp on.

Category

đŸ“º
TV
Transcript
00:02Australian students are on the move, away from public schools and toward private religious
00:08ones.
00:09Australian Christian College on Sydney's north-west fringe has tripled in size.
00:13Four or five years ago we were a school of 450-500.
00:16This year we are a school of over 1500.
00:22Andrew Padel says the financial sacrifice is worth it because of the school's values.
00:27For us, this is the investment for the future where they will get the good education as
00:33well as the good manner.
00:34The exodus to private schools is coming at a cost to family budgets.
00:38Australian parents are now spending almost two and a half times more than the OECD average
00:42to send their kids to high school.
00:44I don't think it's a good news story.
00:47Emma Rowe says unfair funding is short-changing public education and warns the almost 40% of
00:53parents going private that fees are rising faster than inflation.
00:57We also have this kind of, it's like a tinderbox of problems that's going to explode in terms
01:05of a rising cost of tuition fees.
01:08Behavioural economist Dean Pearson says his long term research shows parents are attracted
01:13by extra wellbeing support.
01:15More often than not they will also talk about counsellors, pastoral care, spirituality.
01:21And it's a cost parents will go to great lengths to absorb.
01:24We really love our children, we love our pets and they're the two categories that they'll
01:28say look if I have to cut back on anything that's the last category I want to touch.
01:32Three millimetres.
01:33A prediction private school classrooms will continue to swell.
Comments

Recommended