Yes nothing bad has never happened in a prestigious boarding school, just because they charge more money, especially to kids of rich people.

After all rich people and their rich kids never do anything wrong /s

I’m talking about institutions and their internal processes, not some tedious nonsense about how money is intrinsically evil.

Rich people have all sorts of problems. Part of the package in an elite education is that the school has a better capacity to sort those out by itself. Constant communication with parents undermines that.

It’s a question of values and understanding what you’re buying into. These schools don’t suit all parenting styles.