The rising costs of essential services and items have become a significant concern across all societal classes. In metropolitan and urban areas, residents are struggling with the increasing costs of property and lifestyle, making basic services increasingly unaffordable.
A recent social media post by a Bengaluru investor has drawn attention to the sharp rise in lower kindergarten (LKG) school fees, arguing that the real inflation is occurring in education rather than real estate. Aviral Bhatnagar, a user on X, highlighted that LKG fees in hyderabad have surged from Rs 2.3 lakh to Rs 3.7 lakh per year, reflecting a broader national trend. Bhatnagar noted that while house prices are often discussed, education costs have experienced a dramatic rise, with school fees increasing ninefold and college fees twentyfold over the past 30 years. His post has sparked widespread debate on fee structures, inflation, and living expenses.
Author Manoj Arora pointed out that food, health, and education constitute over 70% of an average middle-class family's expenses, with inflation in these areas ranging from 10-20% annually, contrasting sharply with the government's reported Consumer Price Index (CPI) inflation of 3-4%. Another user suggested that with education becoming increasingly costly, parents might consider saving for higher education or business investments rather than spending on early schooling.
Additionally, the post drew criticism of IT company cognizant for offering a salary of Rs 2.5 lakh to fresh graduates, deemed inadequate by many in today’s economic climate. While homeschooling is gaining popularity in the U.S., it remains an uncommon and officially unrecognized option in India, where traditional schooling is still the norm.
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