1 June 2022

Most parents want to provide the best education to their children. However, high cost of education in the private institutions and higher rate of inflation in the educational sector make it difficult for many parents to do it.

“Indian parents usually support their kids for at least 20 years of life without expecting any returns. However, for middle-class parents, it is fairly difficult to finance their children’s expensive study abroad dreams. In most cases, they do it by making huge sacrifices and often using their retirement savings or putting their properties/homes as collateral against loans,” said Prashant K Bhonsle, founder CEO and Founder of Kuhoo Fintech.