This post is not about deals but an experience while going for admission of kid for nursery.
1) Fees for nursery 33K. This is not even biggest or reputed pvt school.
2) one time admission fees 5K
3)Books to be taken from vendor suggested by school. School provided time to visit vendor, parents rushing like they won't get books later.
4) Uniforms to be from some specific vendor.
Schools have become business. What do you say guys
Schools were always a business but until the late 2000s atleast they had a heart and had empathy for parents. Now every damn school is fully a business. I was shocked to see 10k per month as just the school fees in so many average schools. Politicians own most schools (and hospitals). They are hell bent on draining the blood from parents.
Your discussion makes sense but nothing can be done till one like you decides to take stand and make things better for everyone
Govt schools still have many basic problems around here atleast. I had the opportunity of going to a govt school (although I couldn't last long and switched back) in childhood days (not that long ago) but these people actually had separate seating (by separate I actually mean completely different rows) for girls and boys even though school was co-ed. Not a big thing but idiotic concept.
Private schools have proper barricading, wiring, security personnel but govt schools are like open Dharamshala, anyone can visit anytime, no one stops.
I wont comment on some other things because that might attract heated debate. But govt schools are generally not "safe" for children who haven't been to "wild". If private schools are a circus then govt schools are a jungle.
I personally don't believe that schools are actually differentiated by education, it's the same everywhere, it's the networking that matters.
Note - This is about a tier 2 city govt schools, I heard Delhi schools have improved in last decade, no first hand experience there.
The parents are also to blame in this saga... As they go for status maintenance in society rather than choosing their common sense in school choice... In India there is a myth among people that private schools are giving some divine teaching... So higher the fees... Better it is..... Infact they are dropping their childrens from govt schools and getting them into private schools even if it costs them more than half of the family income monthly.....
Even play schools in metropolitan cities are looting..they have made big chain of play schools like a net to catch parents...they don't even teach conventional way like schools!!
Health and Education are the minimum responsibilities of government, they want to avoid because they give no income like registrations or revenue department do.
Until the government ones are good, people won't hesitate breaking their backs sending kids to private
But they do! Every tax payer pays 4% cess which is intended for the very purpose.
Option is to go to govt. Schools but 90% of families will not even consider about that.
Everything is going out of reach for middle class. But whom you say middle class? Probably you think you are a middle class but you are just above poverty class. According to sitaraman 6-18 lac is Middle class.. I don't think they gonna have a problem..irony is if you earn 25000 a month it will already put you in top10%.
People feel offended that you called them "poor" if you say this thing. I commented something similar 2 years back.
And even this 6-18 lacs is not gross income but disposable income that one should have. People feel they earn a lot by having a "virtual" ctc of 6 lacs out of which hardly 4-4.5lakhs is available for them to spend on their wish. Not demeaning anyone but hard hitting reality sometimes make people work harder and earn more.
I believe that children at an early age (LKG, UKG) should attend private schools initially (as they may struggle to adjust with affluent students) and then transition to government schools for classes 1-4. Following this, they could consider attending schools through scholarships, such as Jawaharlal Nehru Navodaya Vidyalaya (https://navodaya.gov.in/nvs/en/Home1), and later attend government colleges like NIT/IIT or related institutions.
Parents should change their mentality; good education doesn't necessarily require more money. Instead of paying high fees, consider investing in an LIC policy that will provide financial support for your child's education over time.
Most people following this approach that's why you'll find nursery fees skyrocketing and then plateauing as children move further.
Demand and supply at play.
Nexus of pvt school owners, businesses, govt makes govt schools look inferior and they became.
Many pvt schools are also inferior but they just handling marketing well. Pvt schools seems finding ways to make more money from every possible opportunity.
Big reforms in govt schools like in Delhi can lead to some changes.
What is semi-english?
My sister paid 50k for Play school (pre nursery) in tier 3 city. You can imagine the situation in big and reputed schools now
In my tier 2 city, admission fee is around 1 lac and quarterly fee is around 25-30k for nursery.
If someone is only interested in pre nursery then they refund admission fee but charge 35k quarterly fee in that case.
This is for normal school (maybe 3rd or 4th most expensive in city)
Top school where all politicians send their children works on "donation" system. So even though their quarterly fee is around 50k they take a big amount under the table.
Maine soch rakha hai.. 8k monthly inko dene se accha hai.. 3k eale school me padhye and 5k rach month jama karenge.. 40 saal baad kuchh crore to ho hi jayega.. job ki jhanjhat hi khatm mere beto ko.. xd
Koi calc hai to batana to 40 tqk ktna ban jayega.. 5k ki sip ka
Education nahi scam hai most of them
Upar se tution lena padta hai..
5k per month sip for 15 years (assuming 15 years of schooling) and withdrawal after 40 years would give approx 65 lakhs @ 6%.
For getting one crore you would have to clock a cagr of 8%, and this is not inflation adjusted.
Getting apart from finance, tuition is an unnecessary expense (unless child is appearing for some competitive exam which needs special guidance, but thats in later classes) . Most parents send children to tuition just to keep them away from home and dont want to take the responsibility, parents should teach their child themselves (if any help is needed apart from school). Fight with school if they dont provide good teachers, thats why its an important decision choosing a school.
It's the people who are giving them money. All families must stop sending there kids to these looters. Send to good government school and save these money for kids future.
corporate india
Govt Schools still have poor infrastructure and facilities.I am a Govt employed doctor frm Tamilnadu and I visit to all schools in my area and most of them have no fans,benches,Clean toilets,proper water facilities,hygiene.This is the reason middle class people fear of them.Govt are building unnecessary things like museums,statues,temples But not Building good schools.
Future concept - Organized way home schooling (Again if someone does it systemically - they will charge in lacs), back to old Gurukul style learning.
Here Problem is - this sector can't be destroyed by large player bcoz of location preference & only government can regulate it. But again corruption & all...
Sometime I think taking admission in desired school is more difficult then taking admission in MBBS. & if the final outcome is good then all these mad rush is understandable but looks like here race is for something else.
Which credit card is giving reward points for education fee?
How much % for education fee for bob eterna cc?
is education fee eligible for rbl play 5k spend to get movie tickets?
and is gyftr purchases eligible ?
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Schools were always a business but until the late 2000s atleast they had a heart and had empathy for parents. Now every damn school is fully a business. I was shocked to see 10k per month as just the school fees in so many average schools. Politicians own most schools (and hospitals). They are hell bent on draining the blood from parents.
Until the time, people of influence, power and social stature start sending their children to govt schools, these private schools will continue to rob people blind.
In private schools bcoz of high fees many parents not planning second child