Schools are in the process of deciding the fees hike for 2009-10. Maybe they have already decided. Typically it is in the range of 5-10% per annum. Some schools may be going in for a much larger hike – market value – as they would call it.
School fees – inclusive of tution fees, books, uniforms, transportation, and other ad-hoc expenses throughout the year – for one child may range from Rs. 40000/- to 80000/- in many of Bangalore’s elite, but not “International” schools.
I can understand the hikes in the context of an inflationary economy. Another context could be competetiveness – you want to pay more to retain/attract teachers. Given my understanding of the benefit of economies of scale, I would find it difficult to accept (not that the school would care for my opinion) that increases are required to manage growing costs due to a larger student population.
Many of us may find ourselves with zero salary hikes in 2009, if not salary cuts. That is not bad by itself, if it provides job security. I am not sure whether this is the case across all industries/jobs in Bangalore.
Anecdote: I heard of a case where a parent asked a school principal whether they could cap the fees hike for 2009-10. The principal called a sub-ordinate and asked him to issue a Transfer Certificate for their ward. Arrogance? Apathy? Any other adjective for such a behaviour? I sincerely hope that this incident did not take place.
1. What %age of our income should be spent on your child’s eductation? 5%, 10%, what?
2. What should one do if they lose their job? School fees are an expense too, but is it the last one that one must look to curtail?
3. Should the State Govt. Education Dept. step in and issue dictats on the %age hikes that schools can charge in 2009-10?
4. Are schools justified with a behaviour – if you cant afford to pay, just take your kid out of school.