Ummm. Actually, no. Comparing my experiences of school with those of many of my friends, private school is not necessarily a waste of money. At least not if you are at the right private schools. I am not saying that they are all perfect. Heck, I'm not saying that any of them are perfect. Mine certainly wasn't. BUT, I got a much better education at each of the private schools I attended than many of my peers who were at public schools. Trust me. We discuss these things and compare notes and I am regularly astonished and vaguely horrified at their curricula or lack there of.
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