You can receive an equally beneficial education within a private school that offers both boarding and a typical day school where child goes home every day. In fact almost all top notch boarding schools offer both options. Most, (although not all) children need the love they can only get from mom and dad. After all, a very important ingredient in rearing children is family and LOVE! That's not to say that a lot of these schools probably can substitute your love with their love! I believe its a question of whether or not you want them giving the love they would normally get from mom and dad when they are at home in the evening and on weekends! Never stop researching!