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

The Bangkok Podcast

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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