Anonymous wrote:
The quality of the parent's education matters less than the parent's income level.
Posted too soon.
At a certain socio-economic level, the value of private school greatly increases compared to public school, because its true value lies in wielding influence to further children's prospects, children who might not have been accepted into the best programs without connections. All this to preserve family wealth and prestige across generations.
Ivy-league grads who have chosen not to enter high-earning walks of life have a different mindset and are not any different from non-Ivy League parents when it comes to considering the benefits of public versus private.
The middle-class sacrificing everything to put their kids in private are the real losers, in the financial sense of the word.