As a Victorian private school teacher, make the choice to go private very carefully. If education is deeply important to you, two main considerations for whether it’s worth it are: (A) Core teaching and learning - I’d call this literacy, numeracy and VCE results. Consider the literacy and numeracy results of a primary school and whether they adopt ‘science of learning’ practices (if they don’t, I’d tread very carefully and expect to need to give a lot of home-based support right up til year 6). Same goes for high school - solid basics are essential. With regards to VCE results of a high school, it depends on what’s “good enough” for your family. If you happen to have a child that wants to do med or something at a mediocre school, the right VCE tutoring can really help a lot. (B) Add-ons - these include extracurriculars (e.g. sport, theatre, etc.) and academic co-curricular programs (e.g. competitions, gifted and talented programs [my own area]). There are certain offerings here which you simply won’t be able to get at a standard public school, or at least at as high a quality. While the co-curricular academic programs are why I’ll personally send my child to one of the ‘top tier’ private schools, these are simply not that important to most families. Also note that these vary tremendously within even ‘top tier’ schools - do your research. In short, I think for most families, you’re better off going to the best public or semi-private school you can without breaking the bank, and using some of that money you save for some tutoring if the need arises. Also, bear in mind what the UNE study and similar is measuring. The standardised tests are not *that* rigorous - they determine the extent to which students grasp the absolute fundamentals. It’s not that surprising the outcomes are like this on such a test. With a test with more scope to separate the kids out, I suspect there’d be a very different outcome.
Good chat gents. Big topic, lot of parent pressure in getting this right. I think your kids will do well wherever they go as long as they have their heads screwed on the right way. Makes a difference if everything is good at home and their life is calm and stable. Parents play a major role in them doing well. Get a book out when they are 6 months old and read with them. Talk to them. Play with them. Encourage them. Good luck.
Public school kids do better when they get to university as they are used to studying without support and coeducational students also do better. That being said I’m sending my kids private. A lot of people use equity in their homes to pay schooling so the cost is spread out. Scotch Adelaide was $20k in 1995 now almost $31k, Watford was 1995 $15500 now about $26k
Great chat gents. I feel this one will need a re-watch with my wife. Would you be able to share that spreadsheet with the community? We are looking at public primary and mid tier private high school in Brisbane. Kids are 2.5 & 1 month, so we are starting to invest in ETFs knowing we have a 10 year investment horizon. Hoping to not have to touch the capital.
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As a Victorian private school teacher, make the choice to go private very carefully. If education is deeply important to you, two main considerations for whether it’s worth it are:
(A) Core teaching and learning - I’d call this literacy, numeracy and VCE results. Consider the literacy and numeracy results of a primary school and whether they adopt ‘science of learning’ practices (if they don’t, I’d tread very carefully and expect to need to give a lot of home-based support right up til year 6). Same goes for high school - solid basics are essential. With regards to VCE results of a high school, it depends on what’s “good enough” for your family. If you happen to have a child that wants to do med or something at a mediocre school, the right VCE tutoring can really help a lot.
(B) Add-ons - these include extracurriculars (e.g. sport, theatre, etc.) and academic co-curricular programs (e.g. competitions, gifted and talented programs [my own area]). There are certain offerings here which you simply won’t be able to get at a standard public school, or at least at as high a quality. While the co-curricular academic programs are why I’ll personally send my child to one of the ‘top tier’ private schools, these are simply not that important to most families. Also note that these vary tremendously within even ‘top tier’ schools - do your research.
In short, I think for most families, you’re better off going to the best public or semi-private school you can without breaking the bank, and using some of that money you save for some tutoring if the need arises.
Also, bear in mind what the UNE study and similar is measuring. The standardised tests are not *that* rigorous - they determine the extent to which students grasp the absolute fundamentals. It’s not that surprising the outcomes are like this on such a test. With a test with more scope to separate the kids out, I suspect there’d be a very different outcome.
Good chat gents. Big topic, lot of parent pressure in getting this right. I think your kids will do well wherever they go as long as they have their heads screwed on the right way. Makes a difference if everything is good at home and their life is calm and stable. Parents play a major role in them doing well. Get a book out when they are 6 months old and read with them. Talk to them. Play with them. Encourage them.
Good luck.
Public school kids do better when they get to university as they are used to studying without support and coeducational students also do better. That being said I’m sending my kids private. A lot of people use equity in their homes to pay schooling so the cost is spread out. Scotch Adelaide was $20k in 1995 now almost $31k, Watford was 1995 $15500 now about $26k
What kind of money do i need to be making to bother meeting/paying for a financial planner?
Great chat gents. I feel this one will need a re-watch with my wife. Would you be able to share that spreadsheet with the community? We are looking at public primary and mid tier private high school in Brisbane. Kids are 2.5 & 1 month, so we are starting to invest in ETFs knowing we have a 10 year investment horizon. Hoping to not have to touch the capital.
No problems - here's the link: bit.ly/education-costs