Schools pause fee hikes as cost of living crisis worsens
Posted: January 11th, 2024, 9:14 pm
As primary and secondary schools have resumed after the Christmas and New Year holidays, private school operators are putting the brakes on fee hikes to retain students amid the surging cost of living.
Maureen Chukwu, a teacher in a private secondary school in Akute, Ogun State, said the school where she teaches has decided to stop increasing school fees to reduce the pressure on households.
She said the school has continuously increased school fees in the past year and has seen a high rate of withdrawal as parents struggle to survive the inflationary pressures.
“We did not increase our school fees this term as a way of reducing pressure on our parents whose students are here. We understand that it is difficult for households and businesses at the moment and that we cannot just be increasing schools as the only measure,” she said.
She added that the school has resorted to cutting down costs such as cancelling the use of school bus as part of measures to sustain the business.
Source:
https://businessday.ng/education/articl ... s-worsens/
Maureen Chukwu, a teacher in a private secondary school in Akute, Ogun State, said the school where she teaches has decided to stop increasing school fees to reduce the pressure on households.
She said the school has continuously increased school fees in the past year and has seen a high rate of withdrawal as parents struggle to survive the inflationary pressures.
“We did not increase our school fees this term as a way of reducing pressure on our parents whose students are here. We understand that it is difficult for households and businesses at the moment and that we cannot just be increasing schools as the only measure,” she said.
She added that the school has resorted to cutting down costs such as cancelling the use of school bus as part of measures to sustain the business.
Source:
https://businessday.ng/education/articl ... s-worsens/