18 Jan 2024 - {{hitsCtrl.values.hits}}
By Chaturanga Pradeep Samarawickrama
Parents among the 5.7 million families in the country spend Rs. 121 to Rs. 122 billion for tuition annually, Finance State Minister Ranjith Siyambalapitiya said.
While addressing a meeting at a school in Dehiovita yesterday, he said that with the current competitive education pattern, parents have to spend 30 percent on tuition classes as much as the government spends on school education.
“As of today, tuition fees have become among the essential expenses of a family.
In general, parents spend Rs.20,000 per month as tuition fees. There are 5.7 million families in our country, and parents spend about Rs.121 to Rs.122 billion on tuition.
“The government has allocated Rs. 546 billion for 2024 from the Treasury. Rs. 402 billion from the total education expenditures was allocated for school education in the country. People’s expenses on tuition were not added. A team has been appointed to investigate the rise in inflation in our country,” the State Minister said.
“It was first started in 1952, when a price index was made. Today, tuition money is one of the most important things in the country.
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