Cost of private education tops £200k

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Parents will need to start saving early on to be able to send their children to private school as costs soar.

A recent report has highlighted that, for the average child starting private day school at five and finishing A-levels at 18, parents are looking at forking out a total of £204,609. This increases to almost half a million pounds -£479,269- for children who board throughout their private school education. Bridgit Richards, head of marketing at financial advisers Wesleyan, said: "Our professional customers often aspire to send their children to a private school. It is a big financial commitment, which can be made more affordable if parents start saving early." Parents are being advis...

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