Parents that manage to raise enough capital to send their Children to schools attended by much richer children are doing a great job, but sometimes, it affects the child’s self esteem when they see what other kids are able to afford or do.
A middle class parent that sends their child to a Public school may have the child’s self esteem boosted as they become more respected. Still theoretical and I do not have data but what’s your experience?
I have my own personal experience as well, all in all it’s always great to have proper communication channel with children and not encourage jealousy/envy so early on.