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Private school fees take a heavy toll on the middle classes

While private schools are not necessarily the exclusive domain of the middle class there is certainly more interest from this more affluent area of society. However, it would appear that over the last few months more and more middle class families are struggling to cover their extensive overheads amid rumours that some have stooped to selling or pawning their jewellery while others have sold cars to pay for school fees. So is the situation really as bad as some make out?

When you consider the total cost of private education could be anything up to £60,000 per child, with £3000 school fees per term increasing to around £7500 after additional cost, the burden on any family can be enormous. There is also a problem of continuation in your child's education and the fact that many have only known private schooling and may not fit in or adapt easily to mainstream education facilities. While every family in the country wants to do the best by their children it seems that some in the middle classes are willing to take on excessive debts for this privilege.

As the recession continues to bite it is becoming more and more apparent that all areas of society and business are being affected. There will however come a point when "luxuries" such as private schooling may come under serious pressure and become possibly unaffordable for more and more families.

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