Income, housing wealth, and private school access in Britain

Access to Britain’s highly-resourced private schools matters because of concerns surrounding social mobility. Using the UK Family Resources Survey, we document a high and mostly stable income concentration school access since 1997. Nevertheless, some low-income participation persists. Bursaries are income-progressive but cannot account for this participation. Housing wealth is, however, found be greater participants. We estimate that 10 per cent rise family home value raises by 0.9 points, respectively. Neither effect changes over time. The effect, falls sharply outside top decile.