Even With A Salary Of 20 lakhs, Educating A Child Is Expensive, Father Shared The School Fees Structure & Debate Started On The Internet

Middle Class and School Fees Viral Post: In today’s era, rising inflation remains a topic of discussion every day. On the microblogging platform X, a user has shared the picture of his child’s annual fees card and told about all the facilities of the middle class. Which is becoming increasingly viral on the internet. Users are also seen expressing their views on this topic in the comments.

It is every parent’s dream to give good education to children, so that they can build their own future. That’s why they try to educate them in the best schools in the city.

But according to internet user Rishabh Jain, in the rising inflation, good education has also become no less than a luxury. Paying fees for which is no longer a matter of the middle class.

In his X post, the user has written a long post on the condition of the middle class while posting the picture of the daughter’s school fees structure. In which he told how expensive it has become in this era to provide good education to children even for a person earning 20 lakhs annually. People have also reacted a lot to this post of his, in which the user himself has answered some.

Even the one who earns 20 lakhs…

Rishabh started his post by writing that good education is a luxury, which the middle class cannot afford. Further he writes that my daughter is going to 1st grade next year.

And this is the fee structure of the school in which we want to send our child. It should also be noted that the rest of the good schools also have almost the same fees.

  • Registration charge in fees – 2 thousand rupees
  • Admission fee – 40 thousand rupees
  • Caution fee (refundable) – 5 thousand rupees
  • Annual fee – 5 thousand rupees
  • Bus fee – 1 lakh 8 thousand rupees
  • Books and uniforms (school clothes) – 20 thousand rupees
  • Total – 4 lakh 27 thousand every year!

Further Rishabh writes that this is the cost of getting a good education in India. Can you afford it even with a salary of 20 lakhs? The answer is no.

Explaining the reason for this, he writes that 50% of the income is taken by the government. Which includes income tax, GST, road tax, VAT on petrol, professional tax, capital gains, land registration tax etc. Even after this, you have to pay for term insurance, health insurance premium and PF, NPS for pension in old age.

On an income of 20 lakhs, you are counted in the high tax slab. Due to which you come in the 30 percent + CESS tax bracket. Therefore, you are not considered eligible for government schemes. And neither is your loan waived like the rich or you get tax exemption.

​ With the remaining 10 lakh rupees, you can either pay for food, clothes, rent or EMI. And if you want, you can save something. Or you can pay the school fees of your two children. The decision is yours, what will you choose?

You are exaggerating the numbers…

Commenting on the figures and details, a user wrote – Brother, it seems as if you are exaggerating the numbers! And to tweet this, you have deliberately chosen the most expensive school in the city!

This fact cannot be ignored at all that good education in the country is a joke and the cess collected by the government for education goes to the politicians.

In response to this, Rishabh wrote that you may feel that I am exaggerating. But I would advise you to get married and settle in a big city. I would like to apologize for the fact that I am trying to find the best school for my daughter.

Another user wrote that I always tell people that the money spent on good education should be counted in tax. Because in most of the countries that levy the highest taxes, good education and good treatment are available for free.

Hello Friends, I am Krishna Tiwari, I have been writing news content since 2018. I have expertise and interest in many topics like automobile, government schemes & make money online. If you'll read my articles you'll get an authentic news. Recently I Joined Pmyojanawallah.com & It's great working here.

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