Private School Vs Public School the pro’s and con’s
Private school Vs Public school which one is right for your family?
Private School Vs Public school what you need to know!
This topic has left many a parent with sleepless nights I’m sure! Is private schooling a better choice for your child or is the public school system just as good?
What is right for your child’s needs?
Firstly you need to ask yourself a few questions to help you narrow down your choices.
- Is there a good public school in your catchment area?
- If not how far away is the private school?
- Are you happy to choose a religious private school or would a non religious government school more suit your religious beliefs?
- Does your child have any learning disabilities, delays or special needs?
- Does the type of school create any additional advantage for your child in the way of sport, music or languagaes?
- Are there more opportunities for your child at one school compared to another?
Private school vs public school what are the differences between the two?
Private or independent schools are usually owned and operated by individuals or entities.
Public schools are run through the Australian government. There is really not much difference between the two in this instance.
Public schools are required to follow specific guidelines and curriculum whereas private schools have more freedom and only have to reach a certain standard of the curriculum.
- Fee’s are much higher in comparison.
- Facilities are usually more modern.
- Admissions are lengthier and more complicated and there are usually more requirements.
- Class sizes are usually smaller.
- Accommodation is offered in some schools.
- There is religious education taught in most private/independent schools.
- Considerably less school fee’s.
- No accommodation offered.
- Usually older facilities.
- Admission is usually decided upon your catchment area.
- Class sizes are generally larger.
- Not religious.
What do the experts say when it comes to Private schools vs public schools?
A study at the University of Queensland by Professor Luke Connelly and Dr Hong Son Nghiem has found that:
- Birth weight
- The amount of time a mother spends with her child
- Education level of both parents
- And how many books are in the house
Has more impact on a child than if they went to a public or private school.
Studies in the US and the UK have found similar outcomes.
“Our results show that sending children to Catholic or other independent schools has no significant effect” – Professor Connelly.
They found that low birth weight decreased children’s test scores the most followed by increased work hours of the mother.
Children whose parents had both finished year 12 had significantly increased test scores.
However another overriding factor was how many books the family had in their house. This apparently rates directly to the child’s learning through kindergarten and beyond.
Most private schools will set you back over $10,000 a year with Catholic Schools being a little bit cheaper for primary schools.
However most public schools only charge a few hundred dollars worth of fees per year, which is a significant savings.
Most will argue that the children receive so much more opportunities at a private school.
However if you were saving on school fees to the tune of $10,000 you would be able to put your child into as many tutorials and after school sport/activities as you wanted.
In conclusion private school vs public school is one better than the other?
Deciding on the right direction for your child can be a stressful experience and you may still be left with doubt once you have made your decision but hopefully we have helped you think about some of the myths and truths around whether private school vs public school is a better education or not.
Small Personal Loan
Up to 20% Establishment Fee
+ monthly fee up to 4%
Jacaranda Finance does not charge an annual interest rate on SACC loans. These small amount loans incur 'fees' instead of interest. The maximum comparison rate on our loans between $300 and $2000 is 199.43%.WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate
Loan Amount of $1,000 over 6 months repayable weekly (25 weekly repayments). $1,000 (Principal Amount) + $200 (20% Establishment Fee) + $240 (fees based on 4% per month over 25 weeks) = $1,440 total repayable in 25 weekly installments of $57.60.
Loan Amount of $1,000 over 12 months repayable weekly (50 weekly repayments). $1,000 (Principal Amount) + $200 (20% Establishment Fee) + $480 (fees based on 4% per month over 50 weeks) = $1,680 total repayable in 50 weekly installments of $33.60.
Medium Personal Loan
Annual Percentage Rate (APR) starts at 12%
Comparison Rate is 20.56% per annum.
This comparison rate is based on a medium amount credit contract of $2,500 repaid over 2 years with a $400 establishment fee and APR of 48%.WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate
Loan Amount of $3,000 over 18 months repayable weekly (78 weekly repayments). $3,000 (Principle Amount) + $400 (Establishment Fee) + $555.83 (reducing interest*) = $3955.83 total repayable over 18 months with weekly installments of $50.71.
Loan Amount of $4,500 over 24 months repayable weekly (104 weekly repayments). $4,500 (Principle Amount) + $400 (Establishment Fee) + $1081.85 (reducing interest*) = $5981.85 total repayable over 24 months with weekly installments of $57.51
Large Personal Loan
Annual Percentage Rate (APR) is 12%
Comparison rate is 19.88% per annum.
Loan Amount of $5,000 over 18 months repayable weekly (78 weekly repayments). $5,000 (Principle Amount) + $1831.16 (Interest) = $6831.16 total repayable over 18 months with weekly installments of $87.57.
Loan Amount of $10,000 over 24 months repayable weekly (104 weekly repayments). $10,000 (Principle Amount) + $5041.72 (Interest) = $15041.72 total repayable over 24 months with weekly installments of $144.63.