New Zealand families are increasingly relying on financial assistance from grandparents to cover soaring private school fees, now exceeding $30,000 annually. A record transfer of wealth between generations is fueling this trend, with grandparents providing early inheritances and utilizing trust funds. This rise in intergenerational wealth support highlights the growing financial pressure on families seeking private education for their children. The cost of private schooling is becoming prohibitive for many, necessitating assistance beyond standard parental income. Experts suggest this trend will likely continue as wealth accumulation shifts and the cost of education continues to climb. This situation raises questions about equity in access to quality education within New Zealand.

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