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Private school fees continue to outpace wider inflation with the average school now costing £14,102 per year.

This year's figure of £14,102 per year is up from £13,623 last year. Boarding school fees are far higher, with a "day attendee" fee of £6,043 per term or £10,753 per term for boarding.

That works out at £18,129 or £32,259 a year, respectively. The average day fee for non-boarding private schools is now £4,473 per term, or £13,419 per year.

Private school fees are paid out of taxed income. On a pre-tax basis, the amount of income parents must devote to private schooling is far higher.

School fees of £14,102 per year will cost £23,503 in pre-tax income for 40pc tax-payers or £17,627 for 20pc taxpayers.

Fees vary depending on where in the UK you live, according to the Independent Schools Council, which compiled the numbers.

http://www.telegraph.co.uk/investing/funds/five-ways-to-meet-the-156653-cost-of-private-school/

See also: Financial and Tax Planning

Young people will continue to get a raw deal in Westminster unless they vote

Richard Cairns, Headmaster at Brighton College gives his thoughts on the upcoming UK General Election and how young people need to change their voting habits.

In 1992, 67.3 per cent of registered voters aged 18-24 turned up at the polling stations. In every election since, the turnout of young voters has not risen above 56 per cent, with particularly low levels of engagement during the Blair years.

Meanwhile, older generations have continued to cast their ballots. In the recent referendum, according to data analysed by the London School of Economics, 64 per cent of 18-24 year-olds voted compared to 90 per cent of those aged 65 and over.

And in the 2015 general election, the British Social Attitudes survey showed that 56 per cent of 18-24 year-olds exercised their right to vote compared to 84 per cent of those aged 65 and over.

The consequences of this disengagement from formal politics should worry us all.

And ultimately, young people themselves must take the rap. If they really want to create a better future – and I believe they have the ability and compassion to do just that – they need to engage in the formal electoral process. They need to get on their bikes and vote.

http://www.telegraph.co.uk/education/2017/05/04/young-people-will-continue-get-raw-deal-westminster-unless-vote/

See also: How will Brexit affect British universities and will EU students still be able to study in the UK?