There’s an emerging ecosystem of low cost (some would say ‘affordable’) private schools in India. The definition is fuzzy but generally less than 600 rupees with many targeting 200 rupees for primary and 300 rupees in 10th grade. In urban areas it’s common for more than 60% of students to attend private schools rather than government schools. Parents typically make the choice for the English language environment and better instruction.
A couple of the folks we met with include:
- EmpathyLearning.com, a company formed by James Tooley, and Teacher Foundation provide curriculum and professional development to low cost schools
- Rumi Schools, a division of Orient Global, another company Tooley was instrumental in founding
- Gray Matters Capital is building a rating system to boost quality of, access to, and funding for affordable private schools
- Intellecap is an advisory encouraging mainstream private investment in micro-finance and low cost schools
- SKS is the largest mico-finance company with 6m customers; they are supporting the development of a network of low cost schools for their customers
It’s encouraging to see blended (philanthropic and private) impact capital building access to quality education for some of the worlds poorest populations. Pictures available here.