Soaring School Fees in India: A Call for Action

The cost of education in India is a growing concern for many families. Ashish Singhal, CEO of Coinswitch, recently highlighted this pressing issue, citing instances of school fees reaching a staggering ₹2 Lakh for Class 3.

The Financial Strain on Middle-Class Families

Mr. Singhal emphasized the financial burden these rising costs place on middle-class families, who are increasingly struggling to afford quality education for their children. He believes this issue demands urgent attention and collaborative solutions.

A Plea to Fintech and Policymakers

Recognizing the potential of financial technology, Mr. Singhal called upon fintech companies and policymakers to work together to develop strategies and solutions that can provide much-needed financial relief to these families. He stressed the importance of accessible and affordable education for the future of India.