The Skyrocketing Costs of Coaching Classes in India

India is one of the fastest-growing countries in the world. Since its independence, the country has seen an unprecedented rise in its economy and holds the ability to emerge as one of the leading superpowers of the future. Amongst the emerging markets, the country also has the largest youth population with 580 million people in the age bracket of 5-24 years

Today, every individual in the country dreams of getting into the best of colleges and receiving the highest level of education. Some may even want to take up something other than the conventional education, something that isn’t confined to the boundaries of the classroom. For instance, one might like a course that enhances soft skills or want to learn an additional language while others may want to indulge in professional art as the second leg of their career. But it might be extremely difficult for even the most deserving candidates to pursue such education owing to the competitive entrance exams. 

The primary education system in our country does not suffice an individual in terms of knowledge and quality to clear the entrance exams required for secondary education. This is because ever since the beginning, it is the rote method that has been much more prominent in our education system. On the other hand, the entrance exams are more analytical. They test an individual on the understanding of a concept. This disconnect has led coaching institutes in our country to have grown in size and popularity over time. But the rise and progress of these institutes have been in tandem with their rising costs. This industry alone contributes approximately 3.5 billion USD to the educational sector in India

According to a global research agency Technavio, the market for preparing students for entrance exams will grow at a CAGR of 16 percent. Even CRISIL has estimated the market size of this business to grow to 70,200 crores by 2021-2022. The cost of enrolling oneself into these institutes in the country has soared exponentially and with great aggregates. Most parents tend to understand the. While most parents understand the prominence of coaching classes for their children’s future, it doesn’t take away from the fact that they have to shell out a large sum of money to fulfill their children’s dreams.

The incessant expansion in the market size distinctly shows that while the coaching and edtech industry is booming, it is bound to put a financial burden on individuals and families. However, quality education is one of the best gifts that a parent can give their children or an adult can give themselves, and thus should not have to compromise on it due to paucity of funds.

Regardless of whether this is for kindergarten or IIT/Medical preparation, with multiple financing options at one’s disposal, don’t let educational or skill enhancement dreams eat into your reserves and savings. Enhance your formal education with the help of the best online or in-class tutorials. Sign up for the best online or classroom tutorials to augment formal education in school, college, or anywhere else. With multiple financing options, be assured that you can be coached by the best and dramatically improve your chances of success.

At Dili, we aim to simplify access to quality education for the upliftment of India. We strive to equip Indians to be the best version of themselves without having to create a hole in their pockets. Dili will be the wind beneath your wings while you sore to reach your full potential! Every individual deserves to get a shot at their dream education and passion projects and the best way to do this is by making the most of educational opportunities beyond the classroom. While this might come at a cost, it need not stall your growth or stop you from living your dream life!

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