Friday, September 7, 2012

Blog #2


Elite schools head east as Asia's education market booms

Elite schools are becoming a very profitable in Asia and very popular.  The middle class in Asia have been waiting to get an opportunity to get their kids into elite schools.  There are two big countries that are playing a role in these elite schools in Asia.  The two big names coming up are America and British which are big in the education system in Asia’s education market.  The market in Asia is huge talking about billions of dollars which are playing a part in why American and British school are in the region.  Monday a British school opens its doors to seven hundred and fifty students in places such as Bangkok and Beijing.  Another British school opened up in Malaysia that a boarding school costing fifty thousand dollars a year.  Asia middle class people are willing to pay for their children to go to these elite schools to get a great education.  These international schools are mostly filled by wealthy people that are looking for English language education. 

The international schools are big business in the Asia market because the people are willing to pay big money to get their kids great education.  A lot of these schools cost thousands of dollars and the parents have to pay a hefty fee to make sure their kids get a spot in the school.  The reason why Asia wants these big international schools is so that kids can get a broader education than they would get in a normal local school.  They are able to learn about more certain such as sports, arts and moral values which are not really present in local non-international schools.  This market is booming in Asia with the price of going to an international school huge and also the amount of money having to put down to even get a spot in such a school.   The schools are making billions of dollars easy with fee alone and the yearly cost to go.  These schools are so big parents are putting their kids on a waiting list at birth.  With these international schools there in not enough space for all the children that want to attend these schools. 

The schools have been very popular in Asia and I believe the market will go to different countries. Countries want to get a good education and try to put their children ahead of others.  Education is the biggest thing in the world today because if you don’t have education you don’t really have anything and if you have a great education you have everything you need to live comfortably.

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