peoples march

from the people against injustice in the society

SHOCKING STATISTICS

Posted by ajadhind on September 4, 2007

One day i heard that the school fees in cities are very much high. i just started calculating it .

Here is the pattern of a child when it joins the school for the first time for that year:-

DONATION                   :- 20,000

FEES/YEAR                  :- 3,600

BUS CHARGE               :- 2400

UNIFORM                    :-800

A minimum of 50 students will get admitted

20,000 x 50  = 10,00,000

3,600 x 50    = 1,80,000

2400 x 50     = 1,20,000

800 x 50       = 40,000

TOTAL        = 13,40,000/-

13 lakh 40 thousand is what a school gets from freshly admitted 50 students to pre-nursery!!!! and unfortunately the price is still very high in many schools.

Now let us consider that the school has education upto 10th standard and each class has a strength of 50 students.

So total number of students from LKG, UKG, 1st to 10th standard = 12 x 50 = 600.

so 600 x 3600 [ year fees ]     = 21,60,000/-

    600 x 2400 [ bus charges]  = 14,40,000/-

Uniforms are sticthed in such a way that it becomes unfit for the child in few months

so 600 x 800  = 4,80,000

Schools will collect a fees of min 2000/- extra for every year  600 x 2000 = 12,00,000/-

TOTAL 21,60,000 + 14,40,000 + 4,80,000 + 12,00,000  =  52,80,000/-

FINALLY 13,40,000 + 52,80,000  =  66,20,000/- THIS IS THE ANNUAL INCOME FOR A SCHOOL [ i have not included the new admissions in between the year]

What will be the net profit of the school after giving salary to its staff? At present i don’t have clear details about the salary they are getting in private schools but as per my knowledge it will not cross 20 – 30% of the collected amount.

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