Shocking..! 30 lakh for school, 1 crore for college..!?

As indian parents are giving more importance to education and the cost of education is increasing day by day, there is an important study. Similarly, if you want to study in a private college, how much will it cost..? Shocking information has been found in this. This is beyond shocking to middle-class parents. On average, it costs around Rs 30 lakh to educate a child between the ages of 3 and 17 in private schools in india, according to ED Online Research. And parents lament that not only are costs higher in private schools, but they are less predictable over the long term with changes every year. Tuition fees increase once every 2-5 years. As a result, middle-class parents are unable to plan their education expenses in advance and save the right amount. As a result, indian middle-class parents are forced to spend more than they save every year.
India's inflation data does not account for the cost of private schooling, so there is a large gap between government price data and education costs. education expenditure accounts for only 4.5 percent of the indian consumer inflation rate calculation. According to EduFund, between 2012-20 education expenditure in india increased by around 10-12%. Not only the tuition fee but also the transport fee and examination fee increase from time to time affect the overall budget of the parents. Admission fees are a major and one-time cost of enrolling a child in a school. Most schools in tier-one cities in india charge an admission fee of Rs.25,000 to Rs.75,000. Some schools offer discounts to parents if siblings join at the same time, which ranges from 10000 to 20000. Similarly, the average tuition fee in most schools in tier-I and tier-II cities is between Rs.60,000-Rs.1.5 lakh per annum depending on the brand of the school.The tuition fee for primary school is Rs. 1.25 lakh to 1.75 lakh. With this, parents have to spend Rs 5.50 lakh for the primary education of a child. Similarly, the average annual fee for middle school is around Rs. 1.6 lakh - 1.8 lakh. The total cost of this intermediate education is Rs.9.5 lakhs.Also from class 9 onwards, many schools charge parents separately for books Rs. 4,000-7,000 is payable. A four-year high school costs between Rs 1.8 lakh and Rs 2.2 lakh per year. A total of Rs 9 lakhs is spent on high school education. These studies suggest that if parents choose to enroll their child in a government school, the cost of schooling will come down to a total of Rs 15,000-20,000 per year. In a state like tamil Nadu which gives more importance and privileges to education, the amount is very less.These education expenses can be carried forward for the next 10 years. Similarly, college expenses in india are increasing by around 10 percent every year. Similarly, these costs vary from study to college and city to city. For example MBBS course in india costs on average 45 lakhs in private colleges in 2022, will be 1.16 crores in 2032, and will be 3.02 crores in 2042. Similarly BE and B.Tech courses in india cost an average of Rs 12 lakh in 2022 in private colleges, will be Rs 31.1 lakh in 2032, and will be Rs 80 lakh in 2042. An average MBA in private colleges in india will cost Rs 25 lakh in 2022, which will be Rs 64.84 lakh in 2032 and Rs 1.68 crore in 2042. All these will increase according to big colleges and big city colleges.

మరింత సమాచారం తెలుసుకోండి:

school fees 30 lakhs

Sowmiya Sriram

17/08/2022 08:00 PM