In The Old Money Book, I emphasize the importance of education as a key element in the creation and preservation of wealth. More importantly, it’s a major contributor to one’s overall quality of life. Seeking out the best education possible for yourself and your children, beginning as early as possible, and to continue learning throughout life, is vital. Don’t argue with me. (Wink, nod.)
Universities in the northeast of the United States, Ivy League schools among them, are preferred because of their rigorous academics, strong traditions, and culture of excellence. Parents should consider local private schools in their areas if their American public schools are lacking. Catholic prep schools are a viable option.
Many private prep schools in America reflect many of the traditions and characteristics of what are called public schools in England, the most well-known of which are Eton, Harrow, Radley, Sherborne, and Winchester. To be sure, the are populated with scions of Old Money, but times are changing, even as these institutions hold fast to their traditions and standards.
A recent documentary entitled Harrow: A Very British School, followed a group of students and their teachers for a year. I found it informative, entertaining, and thought-provoking.
How much of this model could we introduce to public schools in America? And how much benefit would the students derive? Some, and a lot, were my conclusions.
Harrow alumni include a gaggle of prime ministers, as well as legendary poet Lord Byron and Sherlock star Benedict Cumberbatch, but it’s watching these students–and learning about them as they learn about life–that steals the show.