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Forget private schools, make $500,000 instead

Private school fees are soaring, but are they worth it?

Business Spectator

The soaring cost of private school fees will come as a surprise to no Australian parent, but what about the less obvious opportunity costs that are incurred at the same time?

It’s all well and good to say that you can’t put a price on education, but with private tuition rates growing much faster than inflation, these kind of calculations are important for any Australian family.

James Kirby
James KirbyAssociate Editor - Wealth

James Kirby, Associate Editor-Wealth, is one of Australia’s most experienced financial journalists. James hosts The Australian’s twice-weekly Money Puzzle podcast.He is a regular commentator on radio and television, the author of several business biographies and has served on the Walkley Awards Advisory BoardHe was a co-founder and managing editor at Business Spectator and Eureka Report and has previously worked at the Australian Financial Review and the South China Morning Post. Since January 2025 James is a director of Ecstra, the financial literacy foundation.

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Original URL: https://www.theaustralian.com.au/business/business-spectator/commentary/forget-private-schools-make-500000-instead/news-story/6794a53db1f77587f98351ddf9a6cbe6