Night-time illustration of three schools side by side under a starry sky and a crescent moon: a gabled grammar school with a bell cupola in orange outline on the left, a large columned private school with a clock tower and flag in blue in the centre, and a modern flat-roofed comprehensive in green on the right, all with warmly lit windows.

Does Private School Pay? Private, Grammar and Comprehensive Schools from A Levels to Lifetime Earnings

Private and grammar school pupils do far better than everyone else, but much of that is who walks through the door. On the best evidence available, private day school from 11 to 18 probably does not pay for itself in earnings for a typical pupil: in today’s money a boy ends up about £53k worse off and a girl about £68k, though the evidence leaves room for a boy to break even.

10 October 2026 · 48 min