RE: Schools - Profit Making Business
School and Hospital are very good businesses, it never see recession. Here in Gujarat the government have taken good steps to control the school to take a maximum fees. The government decided the three categories of fees according to it primary, secondary and higher secondary schools. The maximum fees for these were set at Rs 15,000, Rs 25,000 and Rs 27,000 per year. But unfortunately the nexus of schools have filed a petition in SC and the SC asked government to form a fee regulatory committee that will hear both school and parents and then decide the maximum cap. The matter is still in process. The parents are suffering here also as there is no clarification of the fee cap the schools are harnessing and sometimes school asks parents to pay the fees of two terms together.
Yes, unfortunately this is very common . Sometimes they hike the fees , sometimes as you said they ask to pay the fees of two terms together.. there is no control.