Posted on: 07-08-2018 in Financial Planning
There is too much demand for places at International Schools. Why? Because it’s no longer just expat kids (and rich kids) who are lined up for places; “While it is challenging enough for international schools to cater to growing expat demand, we now see that the demand for places is coming from the exploding middle classes of host countries as local parents regard international schools as a stepping stone for their children to compete for spots in prestigious Western universities.” (Sebastien Deschamps, CEO and co-founder of ExpatFinder.com) Parents of non-expat kids are muscling their way into International Schools. And this is why it is China which is now the global leader in hosting International Schools with 807 (ISC Research, 2018) as well as hosting the most expensive on average; “In China the need to get into top 100 universities is more intense than even 10 years ago and an international school is seen as a secure track for a very good education.” (Laurence Cook, Dulwich College International, Shanghai)
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