Private Education

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Private education | A Class Apart; Governments should celebrate the boom in private education, not suppress it. Economist, Apr 13, 2019.
https://www.economist.com/leaders/2019/04/13/a-class-apart

paragraph 3: "Education used to be provided by religious institutions or entrepreneurs. But when governments, starting in Prussia in the 18th century, got into the business if nation-building, they realised they could use education to shape young minds. As state systems grew, private schooling was left to the elite and the pious. Now it is enjoying a resurgence, for several reasons. Incomes are rising, especially among the better off, at the same time as birth rates are falling. In China the former one-child policy means that six people -- two parents and four grandparents -- can pour money into educating a single child. The growth of knowledge economy means that returns on education [after a more common financial term: return (in singular form; ie, profit) in investment] re rising at the same time as the opportunities available to those without any schooling are shrinking.

Note:
(a) This article is in "Leaders" section, serving as a summary of or introduction to "Special Report: Private education."
(b) The first two paragraphs are free. Paragraph 3 makes the tenor clearer. There is no need to read the rest.