UKG more expensive than IIT: Investor shares how much his cousin is paying for daughter's school education

In a revealing account of rising educational costs in India, an investor shared how his cousin is paying exorbitant fees for his daughter's schooling, which are reportedly higher than the expenses associated with prestigious Indian Institutes of Technology (IITs). The phenomenon of 'education inflation' has been alarming, with annual increases of 10-12% far outpacing general inflation rates. Many parents are now grappling with private school fees that range between ₹2.5 lakh and ₹3.5 lakh annually. This trend reflects a broader concern regarding the accessibility and affordability of quality education in the country, prompting discussions about the financial burdens placed on families and the impact on educational choices. As the demand for reputed schools surges, the educational landscape in India continues to evolve, raising questions about sustainability and equity in education funding.