The tyranny of private schools

By Dr Sheheryar Banuri

Should the government restrict private schools’ ability to increase fees? It’s an intriguing question, with a complicated (and ideology laden) answer. On the one hand, fee increases are necessary to maintain the quality of service delivery (i.e. to adequately compensate teachers and maintain facilities in the face of inflationary pressures). On the other hand, it’s important to keep education affordable, particularly when its production has such large positive spill overs for society. Given that the value of education is so high, it seems like there is no limit to fee increases.

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