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thread: Would you go into debt for your childs secondary education?

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  1. #1
    Registered User

    Aug 2006
    141

    No I wouldn't. I'm happy with the education I received at a public school and I'm more than happy that my children will also go to public schools. In my opinion, if a child is excited by learning, then they will do well anywhere. I think it's up to my and my husband to make them excited to learn in the first place. School's can only do so much....

  2. #2
    Registered User

    Dec 2007
    Geelong
    3,438

    Waiting anxiously laaalaaalaaa .

    Regards,
    Dianne

  3. #3
    Matryoshka Guest

    Yes, we've gone in to debt for more frivolous things than an education, so of course. If that was the price of the education option we had chosen and found to be the best option then definately. For us a quality education is invaluable, it will set our children up for a life time and you cannot put a price on that.

    We would just become creative in order to avoid paying interest on those amounts, for instance taking out interest free credit cards and continuously rolling over the amounts to other cards. It's worked well for us when we've needed large amounts of money, and want to avoid interest.

  4. #4
    Registered User

    Nov 2008
    727

    I suppose it depends on the circumstances at the time. A good education is valuable but if my DD wasn't really engaged in her learning then I wouldn't be able to justify it. Plus I agree that there are cheaper options. Now that you've left everyone hanging I hope you come back soon to enlighten us

  5. #5

    Mar 2004
    Sparta
    12,662

    No, most of the schools that top the HSC lists each year are selective public schools so there's no need to pay for a private school.
    I'd rather spend my money on the things that can't be taught in school.

  6. #6
    Matryoshka Guest

    No, most of the schools that top the HSC lists each year are selective public schools so there's no need to pay for a private school.
    I'd rather spend my money on the things that can't be taught in school.
    They're all private in my state, you're really lucky! There's 1 public high school that makes the top list but you need to be in the district to get in. We're an hour away unfortunately.

  7. #7
    Moderator

    Oct 2004
    In my Zombie proof fortress.
    6,449

    I'd rather spend my money on the things that can't be taught in school.
    Same here. I think school is only a part of their education, I would like to be able to have the odd family holiday, or get music/dance lessons, really whatever they are interested in.

    I remember reading an article about parents going under financial strain for their kids' education and apparently how it was not good for the kids. They pick up on the stress and it puts a lot of pressure on them, as a result they do not learn as well as they normally would.

  8. #8
    Registered User

    Dec 2006
    In the Angelic Realm
    1,675

    TD lurks to see if Sue is back

    **sneaks back out**

  9. #9
    2013 BellyBelly RAK Recipient.

    May 2007
    Brisbane
    5,310

    I remember reading an article about parents going under financial strain for their kids' education and apparently how it was not good for the kids. They pick up on the stress and it puts a lot of pressure on them, as a result they do not learn as well as they normally would.
    Thats a good point... how would you react if they didn't do well or failed after putting that money into it?
    Money can't buy grades, so yeah I still think unless the school offers something that they are totally and absolutely into I wouldn't pay that much. And even then success is never a given, you can lead a horse to water but you can't make it drink...

  10. #10
    BellyBelly Member

    Mar 2005
    Limestone Coast, SA
    2,671

    No i would never g into debt for DS' high school education. If he wants to learn, he will learn great stuff at a public high school. If I went into debt for his schooling and I would become disappointed in him if he ended up working at Maccas or something. He can always do mature age uni or something when he is older if he doesnt do so well at high school, so Im not woried about it too much.

  11. #11
    Registered User

    Oct 2003
    Forestville NSW
    8,944

    We've started an education fund for our girls... we put money in every fortnight. Its supposed to be either towards a good high school or university. We don't put a huge amount, but hopefully enough that we won't be hurt if one of our girls needs a school that costs $$. If one say has a musical talent and needs to be educated that way, the money is for that as well.

  12. #12
    Registered User
    Add Marlene on Facebook

    Jul 2007
    Dapto, Illawarra...NSW
    2,009

    My DS is only in grade 3, but DH has made comments about wanting him to go to a local private school once he reaches year 7 (all boys school), not just because of education, but because it has an excellent sports curriculum as well, and is known for its academic and sporting achievements.
    I don't really see the point...if we start saving money for that school now we won't be able to afford all the sporting activities that he is doing right now.

    I think DH is holding out hope that he wins a sporting scholarship to get in, LOL.

  13. #13
    Registered User

    Oct 2006
    Sydney NSW
    4,837

    No, most of the schools that top the HSC lists each year are selective public schools so there's no need to pay for a private school.
    I'd rather spend my money on the things that can't be taught in school.

    I so agree with you!! I am a big believer in the public system (I teach in it) and I would never go into debt to send my children to a private school.
    BTW there are a number of private schools near me that are $20K a year.

  14. #14
    Registered User

    Sep 2009
    58

    For me personally, no I wouldn't. I went to a few very expensive private schools in high school and in all honesty, the public highs were just as good. Minus the huge fees and literally thousands of dollars per year for the uniforms.

    But then again, even if I was really wealthy, I still wouldn't send them to an expensive private school

  15. #15
    Registered User

    Apr 2009
    Melbourne
    654

    Definatly!
    After being to a private primary school 2 public highschools and a private high school i can honestly say that personally I would go into debt for a private school education.

  16. #16
    Registered User

    Jul 2005
    Sydney
    7,896

    I went to a public primary and a public high school in Nth Qld. When I moved to NSW, no one had any idea and it was never an issue. But if the topic of schools you went to comes up and someone is from Sydney - then I notice they get the third degree and/or the judgement that comes with it!

    I'd rather fly under the radar. Plus, never affected my ability to get into university and my post grad degree has a very high value for its type and where I went to get it.

  17. #17
    Registered User

    Apr 2007
    Sydney, NSW
    4,329

    speaking ppl from private schools - i have a colleague who went to a very good private school, but his attitude towards work stinks. palming off work to others, cunning etc. no guarantee that private schools churn better/higher moralled individuals. another colleague went to a very very prestigious brisbane girls private school and she was bullied cos of her ethnic background.
    i dont think in our organisation, we really care which school we've been to, there's ppl from all over the world.

    when ive told some mothers that we will send ds to a public school, ive had got the reaction ''aaahhhhh' like im such a bad mother for sending him to a public school where as htey are going to send their kids to a prvate school.

    at the end of the day, i cannot tell which of my colleagues went to a public/private boarding school unless they tell me. and frankly i dont care. as long as they are good people and deliver and are sincere at work, that's all that matters.

  18. #18
    Registered User
    Add fionas on Facebook

    Apr 2007
    Recently treechanged to Woodend, VIC
    3,473

    My XH who went to Melbourne's second most expensive private school and was the partner in a top 6 accounting firm said if he was responsible for recruitment he'd employ purely women from public schools (ie. like me) because they're the hardest and smartest workers! Might have just been trying to get into my pants that night though

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