I think what's absolutely crazy is how much demand exceeds supply here for education.
I went to a 'free' public school in the USA (of course tax payer money for the school) in California. No uniforms and very low outside activity costs. I ended up going to top 20 school in the USA with full scholarship. Some of my high school classmates went to Havard, Stanford, etc. as well.
Now you look at the cost of these schools (2.4m+ - ), probably will be higher with the educational inflation and what actual universities people get into... value for money definitely isn't there...
Better off saving the 2.4m, investing it in a market index and give it to your kid when they turn 18 or 22 . For the majority, probably better value for money! Just my 2 cents...