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Humongous school fees 🤯

One of my team member said that he is paying ~2L per year as the fees for his child who's in 4th standard now, in Bengaluru. It's a CBSE school and is based out of Bengaluru. He pays additional for uniform, books, transport, etc. They also kind of want a well educated mom, but she shouldn't be working as there needs to be someone to take care of the children all the time. Although I studied in an private engineering college (but one of the best in the state), it costed only around ~2,50,000 for everything across 4 years (2021 grad) What the hell are they teaching over there? 💁🏻‍♂️ He also shared a few instances where parents are paying almost 6-10 lakhs for class 11 & 12 (coaching oriented). And then, of some who are paying ~25 Lakhs for B.Tech admission. I don't know where the world is going 🤯 I would like to understand the opinions of those who are reading this.

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SteepHost15

Stealth

a year ago

This school offers a unicorn along with the uniform for the kid to ride on?
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Vegetabledev22

Stealth

a year ago

Itna fees leke to wo bacche ko sirf duniya ko chutiya kaise banaye h yahi bade acche se sikha sakhte h lol🤣🤣
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Neuromancer

Flipkart

a year ago

Dude! My son is in 3rd standard, 4L rupees is the fee. I graduated from one of Central governments engineering collage, paid like 50 k for entire course.
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Dhoni

Target

a year ago

🤯 Do you think that it's worth giving 4L? (Engineering course fees are pretty much less at govt Colleges, ~ 30k for 4 years without aids. I added my fees because it was a private, yet one of the top college)
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pinkman

Software engineer

a year ago

Most of school pays very low salary like 5k per month to the teachers. That's why they are unable to get good teachers. If you want good teachers then you need to pay more which increases tution fee.
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Dhoni

Target

a year ago

I kind of agree to this perspective, but they still doesn't pay good.
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roct

Accenture

a year ago

This is very true but 2L a month is still extremely high
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Markiv

Defi

a year ago

There are schools who, on paper, show high pay for teachers. But the teachers are made to pay back in cash. The education system is being misused and is costing this country dearly. Education fee, school activity monitoring must be taken up my state education minister
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Quantizer

Stealth

a year ago

Plot twist: education minister owns the school!
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Vespa

Stealth

a year ago

I'm paying 2.5L for my daughter going to Montessori 3, transport fee of 30K additional. It's one of a decent school in Bangalore. They don't bring any conditions like the one mentioned above. BTW, My ex boss used to pay 7L PA for one of his two children studying 6th in a posh school!
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here_to_listen

Reliance Retail

a year ago

2.5 for montessori😰😰
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Aragorn_urf_Maverick

Accenture

a year ago

My friend is paying 1.9 L for KG in Hyderabad 🤦‍♂️
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arbitdxc

Mentor/Advisor

a year ago

A good solution is to ask them point blank why so high fees. You might get your answer. The other way to see is, there are cars from 5L to 5 cr. There are bicycles worth 5k to 2L and above. Education is now a business, and a good one at that
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here_to_listen

Reliance Retail

a year ago

It's business first, education is a complimentary that the child gets against parents' supporting the school bussiness.
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meets_expectations

Morgan Stanley

a year ago

What school is it ?
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Neo69

InMobi

a year ago

Makes sense to send you kids to schools where other rich people also send their kids and get them a decent network. Very know in Mumbai. My friend had Anant Ambani as a classmate. That's how ananya pandey made her career. Become good friends with Shah Rukh's daughter.
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BadDaddyPOV

Goldman Sachs

a year ago

Ananya Pandey? Nice !
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JJproduct

Startup

a year ago

Exactly, I spoke to a friend at ED-Tech. He said due to rising costs of private schools, edtech is penetrating this market by offering school courses at 1/10 th the cost. Yet, people are ready to pay premium for these schools because of “ overall development”
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Neuromancer

Flipkart

a year ago

Study is just 25% of the reason for a good school. Not a whole lot in expensive schools.
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FlakyBurden8

L.E.K. Consulting

a year ago

Not at all worth it I promise maybe advice them to take their children out of such school
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AmpleHawk1

Stealth

a year ago

Private schools have become entities to fleece money. Education needs a massive transformation.
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