Is Prep School Worth It?
With all of our daily banter about target schools and top MBA programs, a key piece of the puzzle often gets lost in the shuffle.
Elite preparatory schools have become just as much of a fast track to Wall Street as an Ivy League education...if not more so. There is apparently an upstart trying to break into this cartel of prestige.
In this battle of the haves versus the have-mores it is pretty tough to pick a side.
Objectively speaking, most of us would rather ignore the impact of private schooling.
The silver spoon crowd doesn't like being reminded of the game's rigging in their favor.
The tin lunch box crowd likes being reminded of their steeper climb even less.
I do, however, think it is about time we had an honest debate about the Pros and Cons of elite prep/private schools and the young aristocracy breeding machine of modern America.
As usual, I am going to give you guys the blue collar caveman perspective and you fine gentlemen can feel free to squelch my Neanderthal logic.
Why Private Schools Suck
1) I may talk a lot of trash about unions and public schools, but they are a great entry into reality. Overcrowded rooms, lazy bureaucrats and a system which funnels rather than nurtures...such is life...such is reality.
Though we don't have anyone to explain it to us at the time, a public school education prepares us for the daily reality of disappointment which all organized societies toil in.
In an odd way, even though public school doesn't prepare most for the real world...it actually does, since the world itself is unprepared.
Private schools on the other hand create a money based sense of order and logic which is great in a society which can afford it...newsflash:
America is not that society.
2) There is absolutely nothing wrong with putting your money to work. Whether we are talking about investing in stock or in education. Simultaneously, when who you blow becomes far more valuable than what you know there are serious storms on the horizon.
Take the following quote:
The school aims to take pupils to "global preparedness" by offering terms in Mumbai or Shanghai, fluency in a foreign language. Chelsea Piers, a sports complex in the neighborhood favored by ice hockey, basketball and squash dads, will help provide physical education.
Is this really of benefit to a developing child? Or is it more so the expulsion of masturbatory overachiever tendencies on the part of their parents?
Will speaking Mandarin and mastering squash help me in business? Undoubtedly.
Am I really going to be a complete person capable of doing business in a global landscape without once having stepped outside of my parent provided bubble?
Not friggin' likely.
3) Are intelligence and skills truly products which can be bought on the open market?
Can ~$40K a year for 12 years really make your kid a better person and a greater success in life?
I constantly hear about how HYP>XYZ due to some professed superiority of staffing, materials and resources...
Yet every single day life proves to me that those who compete hardest wind up on the gold medal podium.
Most of these winners do not come from the lap of luxury and the pocket of prestige, is it thereby logical to reason that the private school route is not the fast track to success?
Does being handed the keys to the kingdom before you're old enough to drive really give you a leg up?
Or does it actually handicap you in the long run?