Tuesday, 25 December 2018

Fees rise again....ho hum!

Fees at some of Sydney's most expensive private schools will exceed $38,000 a year for the first time, as parents face hikes of up to 4.3 per cent for the 2019 school year.

Parents of year 12 students at SCEGGS Darlinghurst will have to pay $38,214 in tuition next year, after the girls' school in Sydney's east announced a fee rise of 2.5 per cent, up from $37,282 for 2018.

Over the past six years, fees at the top private schools have gone up by more than 25 per cent, marking a dramatic increase for parents whose child entered year seven in 2013.

David Zyngier, a senior lecturer in education at Monash University, said fees have gone up at a much faster rate than the cost of living, with the consumer price index rising 1.9 per cent over the 12 months to September 2018.

Over the same period, year 12 fees rose 27.7 per cent at King's, from $28,905 in 2013 to $36,900 in 2019.

At St Andrew's Cathedral School, fees rose 26.6 per cent, from $25,665 in 2013 to $32,480 in 2019.

Other schools have announced fee rises of more than 4 per cent on 2018 figures, including Moriah College in Sydney's east, which will charge $34,770 for year 12 students next year, up 4.3 per cent from its 2018 fee of $33,680.

Fees at The King's School in Parramatta have risen by nearly 3.4 per cent, from $35,697 for year 12 students in 2018 to $36,900 in 2019, and fees at Newington College have gone up 3.5 per cent from $32,841 in 2018 to $33,984 for next year.

"Parents are spending $500,000 over the life of a child in private school fees," Dr Zyngier said.

In short Sydney private school fees hit $38,000 Should not get one cent of public $$$$$. Parents who have $38k to waste do not need a cent in govt money.

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