2 Jul '14

News Thinktank urges £200m subsidy for independent school fees

Report says privately educated workers earn more, but NUT says money should be invested in state sectorPrivately educated workers earn around £57,000 more by the age of 42 than those who went to state schools, according to a report commissioned by the Sutton Trust that urges the government to subsidise independent school fees to the tune of £200m a year in order to widen access.The report by the Social Market Foundation calculated that the higher educational achievement and university degrees accrued by private school pupils translated to £193,000 in higher earnings between the ages of 26 and 42. After adjusting for family background and social circumstances, which also affect employment prospects, the private school pay advantage was £57,000. Continue reading...

Read the full story in Guardian Education
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