Private schools? A ‘luxury’? Well I never… July 25, 2013Posted by WorldbyStorm in Economy, Education, Irish Politics, Social Policy.
According to the Insolvency Service guidelines…
Mortgage-holders who cannot repay their home loan will be warned today that they must be prepared to forego sending their children to private schools and give up luxuries such as a second car and satellite television if they seek to enter an official insolvency arrangement to settle the debt.
One of the cornerstones of the package is the release of official guidelines on a “reasonable standard of living” for insolvent debtors and “reasonable living expenses”. These are expected to prove contentious given the expenditure limits they will impose on insolvent debtors.
It will, no doubt, be informative to see how the proponents of such schools deal with this given their enormously entertaining line in the recent past of how they’re really doing the state some financial service by keeping those children who attend them out of the public system. I await their letters pointing out this contradiction with the insolvency guidelines with some interest.
Moreover it cuts directly across the trope some would like to see take hold more widely that private education is simply an additional extra, something that is entirely ordinary. Of course it is not. In the main it is indeed a luxury, available broadly to only those who can afford it.