There used to be a time when education used to be affordable but in 2024, paying your child’s fees can be exorbitant. Education cost once seen as a ticket to a brighter future, has become increasingly expensive. From skyrocketing tuition fees at schools to ever-growing costs of supplies and extracurricular activities, the financial burden of getting a good education can be overwhelming. Textbooks that used to be affordable are becoming a strain on family budgets. Education costs have increased manifold in recent years.
You would be shocked to know that an average Indian family spends 25.19 lakhs on raising a child!
Economic Times crunched numbers with online experts to tell how much money someone needs to educate a child in India, schooling a child in primary school from age 3 to 17 alone requires 30 lakhs on average.
“My father after 10th expressed his inability to support my education in terms of finance. I dropped the idea of a college education, started working in brick factories, collected money, and enrolled myself in college. I completed my college education without giving a burden to my parents as I worked during weekdays as a laborer and took tuition for small children. In this way, I managed my education. But I could not get a job just after college. I struggled for a couple of years before I got a job”.
Well, we have got a good news and a bad news:
The bad news? Parents still want their child to get the best education and because of this, they are ready to make a hefty investment even though it means spending a life’s savings on their child’s education with no guarantee of a bright future.
The good news? There’s a powerful solution emerging: Online education.
Here’s how online schooling can save you from the financial burden:
- No transportation costs: A surge in bus charges was reported with 8000 authorized school buses in Mumbai plan to charge around 2000 a month from 1 June and 7500 vans illegally ferrying school children charging around 1700 a month.
You have one less problem with online schools as you wouldn’t have to pay for your kid’s transportation anymore. You can say goodbye to traffic jams and fuel costs with online schools.
Your child can learn anytime anywhere just at the click of a mouse. Online education eliminates geographical barriers.
- Cutting education costs with online education: Brick-and-mortar universities often come with hefty price tags. Online programs, on the other hand, frequently offer significantly lower tuition fees. This translates to major savings that can be directed towards other expenses or even accelerate your graduation timeline.
Online schools offer the same knowledge with a reduced education cost.
- Don’t have to compromise passion for education: If your child is a football star, singer, or dancer and you are having a hard time paying their school fees and the fees for their football or singing classes, online education is the right fit for you.
The cost-effective online education allows you to save up on school fees and spend the money elsewhere, making better investments. Your child can now get their favorite cricket bat, football shoes, or the guitar they have been saving up for.
Example: Imagine you’re a dancer with a national competition coming up. With online education, you can adjust your coursework to dedicate more time to rehearsals and travel without jeopardizing your academic progress. This flexibility allows you to excel in both your academic and artistic pursuits.
- Save on textbooks: Online schools use multimedia content such as videos, animations, recorded lectures, and online textbooks to educate their students.
So parents can save on textbooks and don’t have to make expensive trips to the bookstores anymore.
Online schools offer digital versions of textbooks at a fraction of the cost of physical copies. Your child doesn’t have to worry about packing their bags and juggling between notes, and can study from a video or a book whatever they like!
- No Uniform Requirements: Since online students learn from home, there’s no need to adhere to a specific dress code. Students can wear whatever they feel comfortable and appropriate in their learning environment.
- No additional costs: With traditional schools, students are expected to pay incidental expenses such as joining campus clubs or attending events with associated fees. Online schools do not require any additional costs throughout the session and offer alternative ways to connect with classmates virtually, reducing these additional costs.
While these savings may seem minor, they can add up over time, especially for families with multiple children in school. The money saved on uniforms can be redirected towards other educational needs, like extracurricular activities, educational resources, or even college savings plans.
Affordable education at cyboard:
The monthly fee at Cyboard costs less than the bus fare in a traditional school, not costing more than 3k a month.
At Cyboard School, we pride ourselves on being a budget-friendly option for Quality Education in India. Our starting monthly fees are even lower than the monthly bus fare, making education accessible to families from all walks of life.
Despite our affordable pricing, we never compromise on the quality of education we provide. Our premium education comes at just 1/8th of the cost of other schools, ensuring that families can receive top-notch education without breaking the bank.
It’s truly a win-win situation for everyone involved.
We believe that every child deserves access to excellent education, which is why we are committed to offering transparent and meticulously crafted fee structures that make quality education a reality for every family.
At Cyboard School, affordability and quality go hand in hand, making us the ideal choice for parents looking for the best education at an affordable price.
Enrol in cyboard now for quality education at an affordable price!
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