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The economics of international schools in Thailand

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6 hours ago, richard_smith237 said:

Unless you place a value on the education of your child. 

 

My Sons school costs:

Entrance Fee: 250,000 baht

Deposit: 50,000 baht (returnable)

Annual fee: 628,300 baht (3 terms)

 

Total outlay for first year: 928,300 baht (±US$30,700) 

Next year: 628,300 baht (±US$20,780) 

 

Its not cheap, but neither is it a rip off...  Of course, if someone is unable to see the value in an excellent education then unless they have been lucky they are unlikely to be in a position to afford it for their children and will claim such things 'a bloody rip-off'...

 

From the best schools in Thailand the Best Universities in the world are within reach. It's all about providing our children with the best possible potential, unfortunately this comes with a premium.

Agreed...with caveats.

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16 hours ago, Airalee said:

Not sure if I’d call it a “rip off” when I see the prices quoted.  Overpriced for what you get, but considering the next step (for high school) would be (to use the US as an example)...schools such as Andover, Exeter, St. Pauls, Groton, Hotchkiss, Deerfield and Choate, with tuition running $60k+ (not including travel) and some people actually want to raise their kids rather than ship them off to boarding school....what are the better options?  

 

If I had the money (and kids) though, I’d probably prefer to send mine off to the government school, tell them to just daydream their way through classes, and put the money into investments for their future while diligently homeschooling them after hours.  I sure wish my parents had done that for me.  Haha.  If you think the International Schools or even New England prep schools are expensive, you should see how much “alternative” education (secretive corrupt private “reform” schools) costs.

Home schooling after hours?

 

Hope you realize kids often come home at 8pm and still have homework to do in government schools while you need to drive them to school at 7am the next day.

 

Having them daydream all day at school will give you some mentally damaged and demotivated kids. 

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17 hours ago, HeyHeyHey said:

Except that high fees and the word "international" doesn't make it excellent.

 

Thailand has one of the worst education system in the world - as confirmed over and over. Even IF the school is excellent just having the education from Thailand puts stigma on the CV.

But by sending them to international school they will be able to study at a university anywhere in the world. And no employer looks at your high school when your university degree is from a decent place.

 

Send them to government school and going abroad for further education will be a long shot.

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On 11/27/2019 at 12:19 AM, manchega said:

unless you have experienced thai education you are not qualified to make this comment, 

the difference between learning to do as you are told and learning to think for yourself

that is what you pay for

 

Really? 

 

So in Thai private school you can think for yourself and speak your mind? Really? Are you absolutely sure about that? 

 

 

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25,000 GBP a year for a school? That is the average net salary in the UK. Few can afford that, and more than my pension. Some international schools are dubious, my son did the IB in the UK (government school, so free) and some of the pupils were from an International school in Singapore, where they had failed the IB exams. All passed at the government school in the UK .....

 

I wouldn't consider a school that didn't have a track record of success, not just advertorial <deleted> claims. And would still need to be affordable, which is an issue for most people. It is still possible to find good schools in Thailand, if your children are Thai. We have one for our daughter that costs about 1000 GBP a year. Has the IEP, and pupils have done well in national English competitions.

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What is the goal of international school? To grow up and live and work in a western country? Why not just move to a Western country now and save 12,000,000 baht in fees? If the goal is to work in Thailand, unless you become the CEO of a large company, are you really going to make your money back? Doctors really don't seem to make that much in Thailand. 

 

Private schools where I am from in the USA cost a fraction of these schools but the local salaries are drastically higher. 

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On 11/27/2019 at 2:30 PM, richard_smith237 said:

Unless you place a value on the education of your child. 

 

My Sons school costs:

Entrance Fee: 250,000 baht

Deposit: 50,000 baht (returnable)

Annual fee: 628,300 baht (3 terms)

 

Total outlay for first year: 928,300 baht (±US$30,700) 

Next year: 628,300 baht (±US$20,780) 

 

Its not cheap, but neither is it a rip off...  Of course, if someone is unable to see the value in an excellent education then unless they have been lucky they are unlikely to be in a position to afford it for their children and will claim such things 'a bloody rip-off'...

 

From the best schools in Thailand the Best Universities in the world are within reach. It's all about providing our children with the best possible potential, unfortunately this comes with a premium.

 

Still living in a repressed feudal society, want smart kids?

 

Take them out of TH.

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On 11/27/2019 at 7:40 PM, HeyHeyHey said:

Except that high fees and the word "international" doesn't make it excellent.

 

Thailand has one of the worst education system in the world - as confirmed over and over. Even IF the school is excellent just having the education from Thailand puts stigma on the CV.

You do realise that international schools have nothing to do with the Thai education system. They are ran and governed completely separate and the only thing they have to offer is a few Thai lessons per week. 

 

I am an international school teacher at a British curriculum school in central Bangkok and I do agree the cost is high, especially when you compare it to the average income here. However, for the families that can afford it, it gives their children a fantastic education with endless extra curricular activities.

 

They are literally worlds apart from 99% of the schools in the UK. Just like a house or a car, you pay the premium for quality. 

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On 11/20/2019 at 7:52 AM, cmsally said:

From what I have heard, a lot of Chinese coming to Thailand for the international education. The ones I have spoke to said cheaper than China, but not sure where in China they came from.

Very true. We have had 5 or 6 new Chinese students in our Primary department in the last month or two. Nearly every week we have some coming here for trials too. 

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It's simple.

 

Show, Show, Show.

 

Hope that explains it. 🙂

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On 11/27/2019 at 8:35 PM, Airalee said:

Not sure if I’d call it a “rip off” when I see the prices quoted.  Overpriced for what you get, but considering the next step (for high school) would be (to use the US as an example)...schools such as Andover, Exeter, St. Pauls, Groton, Hotchkiss, Deerfield and Choate, with tuition running $60k+ (not including travel) and some people actually want to raise their kids rather than ship them off to boarding school....what are the better options?  

 

If I had the money (and kids) though, I’d probably prefer to send mine off to the government school, tell them to just daydream their way through classes, and put the money into investments for their future while diligently homeschooling them after hours.  I sure wish my parents had done that for me.  Haha.  If you think the International Schools or even New England prep schools are expensive, you should see how much “alternative” education (secretive corrupt private “reform” schools) costs.

I am not sure you should use the US as an example of quality education, expensive maybe .....

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7 hours ago, manchega said:

I am not sure you should use the US as an example of quality education, expensive maybe .....

Sure...not public schools of course...but if you are familiar with the ones I listed.....well....

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