<ul data-eligibleForWebStory="false"><li>CoinSwitch co-founder Ashish Singhal highlighted the issue of skyrocketing school fees in India, with some parents paying exorbitant amounts even for primary grade classes.</li><li>Singhal shared his shock at discovering parents in Bengaluru paying around Rs 2.1 lakh per year for Class 3 at regular CBSE schools, causing financial strain on middle-class families.</li><li>Education costs have risen significantly, far exceeding salary increases, with families resorting to taking out EMIs just to afford nursery or primary school fees, impacting their ability to save for the future.</li><li>The widening gap between school fees and family incomes is forcing many parents to cut down on expenses or dip into savings, leading to financial stress and an erosion of savings and peace of mind.</li></ul>

'EMIs For Nursery': CoinSwitch Co-Founder Flags Rising School Fee Dilemma Of Middle-Class Parents

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