But let's be honest, most people are nowhere near being able to afford private school for their kids.
In fact, £12, 000 is around the current national minimum wage. This is the annual wage of a cleaner.
£240, 000 for a princely education at Eton
Arguably the most famous of private schools in the UK - both the Princes attended - is Eton. Eton's schooling costs a whopping £34, 434 per year - nearly three times as much as the minimum wage in the UK. To put a child through all seven years would cost £241, 038 at current prices.
But even the average private school fees are out of reach for most
Last year, the average annual salary was £27, 000. The most expensive independent schools are in London, obviously - and they cost an average of around £14, 000.
That's more than half of the national average wage..
In the north of England, independent schools are cheaper and cost just under £10, 000. That's still 37% of the national average wage.
Even five years ago the difference was big enough that many people could not afford to send their children to private school. In 2009, the average cost of a private school education for one year was just over 39% of the average annual salary.
How much could private schooling set you back over the years?
The overall cost of fully funding a child through seven years of private school, that's a whopping £86, 415 - an affordable amount, for sure.