Private school pupils 'earn £200,000 more'

Children educated at private school are likely to earn almost £200,000 more over the course of their career than their counterparts in the state system, new research suggests.

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'Shocking waste of potential' in British schools

The sharp achievement gap between state and private school-educated pupils means there is a "shocking waste of potential", according to the chairman of educational charity the Sutton Trust.

Sir Peter Lampl's remarks come in the foreword to a new report that shows private school pupils will earn significantly more than their state school peers.

"This is a shocking waste of potential. This report clearly sets out the advantages that can be gained from a good private education," Sir Peter writes.

The Sutton Trust is calling for more independent schools to take on able pupils from less well-off backgrounds.

The charity suggests private schools should get the same funding per pupil as state schools, with the ability to charges fees on a means-tested basis, with the poorest paying nothing.

Their study suggests extending such a scheme to 100 leading private schools would cost the Government about £215 million a year.

Private school pupils 'earn £200,000 more'

Children educated at private school are likely to earn almost £200,000 more over the course of their career than their counterparts in the state system, new research suggests.

Pupils from schools such as Eton will go on to earn significantly more than those educated at state school. Credit: David Parker/PA Archive/Press Association Images

A study by the Social Market Foundation found that between the ages of 26 and 42 a privately educated person will earn approximately £193,700 more on average than someone who went to state school.

The difference means an average private school pupil will earn 43% more than their state school peers by the age of 34, although this falls slightly to 34% by the aged of 42.

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