Eton College to raise fees by 20% after VAT introduction

Eton College announced a 20% fee increase, raising annual tuition from £52,749 to over £63,000 due to newly introduced VAT aimed at state school funding.

Lord Waldegrave expressed regret over the government's tax on education, highlighting the financial burden on parents and the potential inaccessibility of Eton for some families.

In response to the VAT policy, schools like Alleyn's and Stowe will increase fees by 15.5% and 15%, respectively, indicating a broader trend among private institutions.

Headteachers warn that the VAT could lead to a shift of students from private to state schools, intensifying financial strain on the state education system.

Read at Business Matters