Twitter
Advertisement

School fees force parents to go for single kid: Study

According to the study, private school fee has doubled in five years. In 2005, it was an average of Rs60,000 per year for a child but it has touched Rs1.2 lakh now.

Latest News
article-main
FacebookTwitterWhatsappLinkedin

More and more Indian families are opting ‘one child’ formula despite double income. Wonder why? The answer is “school fee”, finds a recent Assocham study. 

According to the study, private school fee has doubled in five years. In 2005, it was an average of Rs60,000 per year for a child but it has touched Rs1.2 lakh now.

Coaching and other school related expenses are also going sky-high, hitting hard on family budget.

The educational inflation is nowhere proportionate to family’s income, thus pushing both the partners to work hard to meet even a single child’s needs.  

Even double income single child families are having sleepless nights as expenditure on education is depleting 60% their total income.

Survey finds that six crore kids are studying in private schools in India. Poor families are also opting for private schools shelling out 40% of their income in education.

Extra and co-curricular activities like school transport, coaching, school trip, sports, birthdays, hobby classes are making a significant burden on the pocket. A family spends around Rs20-25 lakh raising one kid till he graduates high school, reveals the survey. 

This random survey in May-June of 2011 included 500 working and 500 non-working women of Mumbai, Delhi, Chandigarh, Lucknow, Dehradun, Kolkata and Chennai.

Find your daily dose of news & explainers in your WhatsApp. Stay updated, Stay informed-  Follow DNA on WhatsApp.
Advertisement

Live tv

Advertisement
Advertisement