Published 23:03 IST, November 18th 2024

'Good Education is Luxury': Man's Social Media Post on Modern Day School Fee Goes Viral

A man's social media post is making rounds on social media where he shows school fee receipt of his child saying , “Middle class can not afford.”

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Private school fees viral post | Image: X
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Viral News: A man's social media post is making rounds on social media where he shows school fee receipt of his child saying , “Middle class can not afford.”

post shared by @rishsamjain on social media X comes with a witty caption that says, “Good education is luxury - which middle class can not afford.”

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In this viral post man shares, “My daughter will start Gre 1 next year, and this is fee structure of one of schools we are considering in our city. Note that or good schools also have similar fees.”

man furr shares entire breakup of school fees, that includes:

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-Registration Charges: ₹2,000
- mission Fees: ₹40,000
- Caution Money (Refundable): ₹5,000
- Annual School Fees: ₹2,52,000
- Bus Charges: ₹1,08,000
- Books & Uniform: ₹20,000”

Total: ₹4,27,000 per year!

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"This is price of quality education in India. Can you afford it even if you earn 20 lakh a year? - NO!!!

Why? Because 50% of your $20k income is extorted by government in form of  Income Tax, GST, VAT on petrol, Ro tax, Toll Tax, Professional tax, Capital Gain, Land Registry charges and so on. n you still have to pay for term insurance, health insurance premiums, and PF,  NPS for a old age pension. At 20L income you fall in highest 30% + CESS tax bracket, do not qualify for government schemes, and do not receive any freebies or loan waivers like rich.

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In remaining ₹10L, Eir you can have food, clos, pay rent or EMIs, and save something or you can pay school fees for your two kids ... decide!!

Which one would you choose?" ded furr.

School Fee Viral Post

School Fee Receipt shared in viral post

Netizens React to Viral School Fee Post

One user says, “mission Fees: ₹40,000 is charged every year? Uniform Fees is taken every year? Bus Charges: ₹1,08,000 , looks exxagerated number to me, even if bus is taking ₹2500/month it will be ₹30,000 annual. I am not diverting from your views though! You are right that tax bracket has not moved upwards like IT salaries in India has not justed as per inflation!.”

Anor user posted, “not sure which city you are in, but would you consider sending your kid to a government school? If not, why not? Have you included governments schools in list of schools you are looking up for mission? (No judgment, just wanted to know your thoughts).”

As school fee post grows viral, more and more people are jumping in and sharing ir thoughts and opinions on modern-day school fee structure. 

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23:03 IST, November 18th 2024