At a large dinner party last month for 12 couples, a fellow investor lent across and suggested that of his two boys, he'd dearly love to send one to private school and one to public school, and invest the significant differential over the years to see what the difference was upon graduation.
Where on earth did you dig up those dinner guests .
There is asolutely no snob value for us in choosing our sons' private school. Our decision to chose this private school over the very good public one a few suburbs away was purely driven by the atmosphere, and ability for them to get rid of "bad apples" quicker than the state schools can, and our oldest boy's temperament.
In fact, the nearest boys school has so much snob value that it would be the last place I would send my boys. I cant stand the carry on of some of the families we know whose sons attend this elite school.
We chose a lower to mid-range cost-wise private school because of its reputation for caring, community education. Our second boy would have coped admirably well in the public system, but he is thriving in the private school. The families (though some are extremely well off) do not display any outward signs of wealth, and absolutely NO snobbery, ever.
Those that want an elite school would not chose this school anyway .
I would guess most families are not wealthy at all. Our youngest boy (at the moment) doesn't think he will go past grade ten, but that may change. I am very glad he is not in the local public school with the local boys who don't want to be at school, but have to attend until grade ten, because my son would possibly be swayed by them.
I would go with whatever you want to do, as everyone has their own agenda and reasons for sending their children where they do.