'More Than My Entire Education Expense', Delhi Man Posts About Son's Rs 4.3 Lakh Playschool Fee
Education is expensive, there are no two ways about it! Schools, especially those in the big cities have come up with absurd fee structures to charge an exorbitant from the parents of their students.?
But how much is too much? Rs 4.3 lakh annual fee for playschool is undoubtedly too much.
How much is too much
Akash Kumar, a Chartered Accountant from Delhi on Friday posted about his playschool-going son's annual fee, which is Rs 4.3 lakhs.
This includes a one-time non-refundable registration fee of Rs 10,000, a reoccurring annual fee of Rs 25,000, and Rs 98,750 as the fee for every term.
"My son's Playschool fee is more than my entire education expense," Kumar said on X, while posting a fee breakup of his son's playschool.
More than IT company salary packages?
The post has since gone viral with many expressing shock. Many even compared the annual fee of the playschool which is higher than what most freshers are paid by IT companies.
Some wondered what special amenities the school had to charge such a large fee and even called it daylight robbery.
Others advised Kumar to change his son's school rather than complaining about the high fees.
However, one X user pointed out that the luxury amenities in schools that often push the fees higher are not there due to the management's choice, but completion from parents who expect them.
Rs 30,000 fee for Class III
Earlier this week, Udit Bhandari, a real estate consultant from Gurugram had also posted about paying Rs 30,000 per month as school fees for his son who is a Class III student.
According to Bhandari, if the school keeps increasing fees by 10% each year, he'd end up paying around Rs 9,00,000 annually by the time his son reaches Class 12.
"My son's school fees have been consistently compounding at 10%/annum. The school does not even bother to explain the hike and the higher fee simply appears on the payment app!," he wrote on X.
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