“Emis for Lustion”: Coinswitch Co Slams, education costs as “the biggest responsibility in India”

Rajaga Bharadwaj, co -founder of Coinswitch, called on high school fees, saying that education has become the biggest responsibility for Indian families, prompting some parents to take “Emis for custody”. In an explicit post from LinkedIn, Bhadwaj drew a blatant picture of middle -class conflicts with school expenses before entering.

“The fees for fees are 30 %. If this theft is not, what are it?

Bhardwaj added, “It is not one time. Fees rise: 10-30 % every year. Satisfaction of the middle class salaries: only 0.4 % annual growth rate installed over the past decade. Education expenses: now 19 % of the total family income.

“Official data says that inflation in education is only 4 %. But try to say that to the mother who compares 5 school brochures or my father who performs mental mathematics between rent and bus drawings. This is not just inflation. It is erosion. Now, it’s the biggest monthly responsibility.”

“And if you are creative, founder, or policy maker in Fintech, this is your user. Quietly struggle, still appear, look for ways to make them win,” and Bchardwaj saved to.

The publication sparked a wave of responses from Internet users who share similar experiences.

“Parents can choose home education. Schools know that the system is not in abundance and thus exploits – not only children, but teachers also. It takes a lot of effort but local communities can be formed. Why is not the root cause of the problem – the quality of education in government schools that led to the occurrence of a school industry and easy training centers.

Another commented, “I do not exaggerate – I can show you the actual fee receipts of my daughter from the first and second place and the current third standard. This is how high costs if you want to give your child a strong academic basis.

“Home education is a solution to this blatant exploitation in the name of education. Quality does not deserve the ridiculous fees and donations that are offered, and moreover, parents have to spend all the time and energy and make children study.