Are Int'l School Fees a Scam? Stu Jay Raj Crunches the Numbers [S7.E71]

After his latest video dropped and generated a lot of buzz, Greg
and Ed interview Stu Jay Raj, the podcast's Thai language expert,
but this time Stu explains his new video and website discussing
the cost of international school in Thailand. As most people are
aware, the Thai public school system is not particularly strong,
especially for students looking for a solid education in English.
Hence, there is a demand for education in English up to an
international standard among both Thais and foreigners in
Thailand. Here's the rub: the quality of international schools
themselves varies a lot, and they can get VERY expensive.


But - Stu wanted to try a thought experiment - what if you were
to take the exorbitant fees associated with international schools
in Thailand and invest it instead?


Stu explains that he used his coding expertise to scrape the
websites of dozens of international schools in Thailand for as
much school fee information as he could find. With that
information, he created an interactive web page where you can see
the total costs over a number of years of sending your child to a
particular school. 


Of course, it's not that easy to simply school your kid through
other means and put a bunch of money away, but it poses an
interesting question - would your kid be better off graduating
from an international school, or being given several million
dollars in their mid-20s? The guys discuss the various
ramifications and a new way to look at the ROI of an education.
The answer isn't always obvious as the guys discover.


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