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How Sending Your Child to Private School Can Save You $53,000
Public school can end up being much more expensive than private school depending on where you choose to live.
For most Americans, private school seems like an unaffordable luxury, or an unnecessary extravagance, depending on your point of view. One thing everyone agrees on, though, is that private school is expensive—especially compared with the competition. After all, public education doesn’t cost anything, and you can’t compete with free, right?
The problem with that logic is that public school actually isn’t free. In what might be one of America’s most regressive policies, the government divides the country into school districts, each supported by a local tax base. That means school funding and quality varies drastically depending on where you live, and homes in top school districts tend to be eye-poppingly expensive.
To answer the question of how much going to private school could potentially save, we need the help of two fictional families: the Publicos and the Privados. The Publicos want to give their child the best public education they can, so they move to a neighborhood with one of the nation’s top public schools. The Privados prefer private education, so they move to a neighborhood with average schools (and median home prices) and send their child to prep school.
http://time.com/money/3108717/private-school-public-school-costs/