When people pay exorbitant fee so their kids can attend expensive schools, it is not just the education they're paying for.

They're paying to secure valuable future networking for their kids, to have a seat at the rich's table.

The rich stay rich by networking among themselves.

What the wealthiest folks spend all their time doing is attending dinners, fund-raisers, weddings, birthday parties, golf games etc.

It is in such gatherings that the juicest deals are struck, wealth is carefully redistributed and old friendships are strengthened

Middle class folks who understand this don't even flinch paying through the skin to use their kids education as a leverage.

Not only do they stand a chance to meet folks from the upper class in an informal setting (PTA meetings etc?),they're also placing your kids on a pedestal

You see, the kids of the wealthiest parents today are very much likely to be the wealthiest tomorrow.

They might not be as rich as their parents (say, Dangote),but they'd control a substantial amount of wealth.

Wealth normally creates more wealth: Wealth = CAPITAL.

So, if, say Otedola, Dangote, Adenuga send their kids to Covenant, here's what happens when a middle class family gets their kids to Covenant:

1. They have a link to the Otedola/Dangote/Adenuga family. Say, the kids become friends... Family friends? Boom. Juicy friendship

2. They're ensuring their kids get a ticket to wealthy club of the future, because the future families of Dangote etc are most likely a control future wealth.

So ensuring your kids "roll with them," means giving them a seat at tomorrow's "rich men circle."

So when people pay that huge amount for "education", there is more to it.

Education in itself is quite cheap. But networking is expensive.

Networking is Transcorp, Networking is golf, Networking is covenant Uni.

Or any social setting where the Rich thrive

Secure that future