A Jaipur man’s viral post on skyrocketing school fees seems to have hit a nerve with thousands of parents. In his now-viral post, Rishabh Jain said that a good school in the city is charging well over ₹ 4 lakh as annual fee for a Class 1 student. The high fee is not an isolated instance but representative of other good schools in the capital of Rajasthan, he said.
Rishabh Jain explained he was looking to enrol his daughter in a school when he was struck by the high cost of education. In his angry post on X, the IIT Bombay -educated entrepreneur said that good education has become a luxury that the middle class can ill afford. Jaipur man’s post on high school fee Jaipur -based Jain shared his take on India’s unaffordable education in an X post that has been viewed more than 1.
5 million times. “My daughter will start Grade 1 next year, and this is the fee structure of one of the schools we are considering in our city. Note that other good schools also have similar fees,” he wrote, sharing a breakdown of the fee structure where parents would have to pay ₹ 4.
27 lakh over the course of a year to get their child educated. The IITian claimed that even people earning ₹ 20 lakh per annum could not afford such a high fee, as much of their salary would go into taxes and other necessities like food and clothing. “At 20L income you fall in the highest 30% + CESS tax bracket , do not qualify for government schemes, and do not receive any freebies or loan waivers like rich.