New research today lays out just how much of an advantage a private education still buys you in modern Britain.
The Institute for Fiscal Studies (IFS) has found that the average privately-educated person earns 6 per cent or £1,500 a year more than a state-educated colleague who has the same qualifications and is doing the same job.
The study provides more evidence of a lack of social mobility and the continuing dominance of fee-paying schools in the UK. How bad is it?
Private – Keep Out
The Independent Schools Council estimates that only about 6.5 per cent of school children in the UK are educated in the independent sector.
Pupils who go to fee-paying schools are disproportionately more likely to go on to higher education and to attend top universities like Oxford and Cambridge, according to the Higher Education Statistics Agency (HESA).
The latest HESA figures from 2012/13 show that only 57.4 per cent of young undergraduate entrants to Oxford University were state educated compared to the UK average of 89.3 per cent, and the state-school proportion was down on the year before.