What's the true cost of Hogwarts? (You probably can't afford it)

If you've ever wanted to attend Harry Potter's Hogwarts School of Wizardry and Magic, you can't. It doesn't exist. But even if it did, you might have a problem. It's probably more spendy than you can afford.

Centives, Lehigh University's economics blog, has calculated the cost of an education at Hogwarts. And the grand total is £26,816, or approximately $42,752.

A year.

The editor took his/her information from the student requirements in Harry Potter and the Philosopher's Stone (Sorcerer's Stone in the U.S.) and found the equivalent on amazon.co.uk. For example, the three sets of plain robes that Harry and the other students need cost a total of £300, while a cauldron can be found for £23.

He/she also took into account the cost of tuition (known as "tuition fee" in the U.K.):

Hogwarts is believed to be the best wizarding school in England. The average tuition for a year at England's five most prestigious boarding schools is about £25,800.

Commenters on the blog were quick to point out that Hogwarts is located in Scotland, which should reduce the cost of tuition slightly, to £24,849. But either way you slice it, it's still more galleons than most people can comfortably afford.

It costs real money for an education these days, even in the fictional world. No wonder the Weasleys, who put seven children through Hogwarts, were so strapped for cash.

(Via Today)

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