1 crusher for school? The consultant says that the college costs are the real middle class threat

Since the viral functions are about 1 rupees related to school fees, the alert between Indian parents re -consultant to the Chakravarthy v conversation to reality – and planning. In the LinkedIn post, he argues that although elite schools may receive great sums, the real financial challenge does not lie in primary education-but what comes after.

In reference to the post on the IB School in Bangalore, he claims to receive 1 row crow for 1 to 12, Chakravarthy notes: “This is a huge number. But also a little misleading. This is the maximum.”

Quoted from the national survey data (NSS) and the costs modified by private schools in level cities 1, draws a more accumulated image:

In Bangalore, education (including fees, transportation, additions and inflation) reaches about $ 24 per child.

In Chandigar, among the most expensive metro, the estimate is closer to $ 40 during the K -12 period.

These numbers are in line with government data: private school fees in urban areas begin, even in the pre -elementary, about $ 50,000 annually in high -cost cities such as Chandigar and Carnataka. From high school, the annual fees in these areas cross $ 1 for Cham.

But according to Chrafarti, the real financial mountain is higher education. With high inflation standards and high global education, the postgraduate program may cost 5 to 6 years 1.5 rupees or more by time at the time when primary school children graduate today.

To reach this, it indicates that parents need: starting a sip of $ 30,000 a month early if they want to build a set of future college fees.

Treat school fees as an annual cash flow, not something to eat in long -term savings. Maintaining total school expenditures less than 10 % of family income to avoid stress on other financial targets such as retirement or emergency boxes.

“Many of the parents I know say:” I will spend everything it takes to teach my child. “This instinct is normal.

Raising a child may be invaluable, but one education comes at a price that rains quickly. With the cost of primary education alone from 20 to 40 dollars in India in India and higher education on the right track to exceed 1.5 rupees, early planning is no longer optional – it is necessary.