The retrition problem.

In this bite, we discuss the retrition problem faced by Budget Schools.

The retrition rate among private schools is rising with each new year. This particular problem is only going to increase after the pandemic.

What is the reason for this problem?

  • The Quality Issue: The quality of education is generally understood by seeing how the students performed in the Boards examination. As most budget schools end before boards, the confusion among parents s very high. Where there is confusion, there is retrition.
  • FOMO: The fear of missing out among students and parents is very high. Any school that spends on the new technology starts getting attraction from parents. This results in a vicious cycle of high spending and very low income. More often than not, owners cant beat this cycle and get sucked into it.

Is there going to be a middle ground here? We will see.

Meanwhile, check out NuShala.

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