There are tens of thousands of parents who are making great financial sacrifices to give their children the very best start in their education. Around a quarter of these have average, or lower, incomes and are choosing to go without holidays or other luxuries to pay school fees.

There has been a notable rise in applications for personal loans to fund private education fees and it is expected that these will increase as more parents decide to invest in their child’s future. Around 620,000 children are now educated in independent schools.

A recent study shows that not only are private school pupils more likely to attain better results, but also to get higher-paying jobs than state school pupils who were just as able and of similar backgrounds.

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