Thai Private Schools Face Mass Closures Amid Financial Pressures
Thailand's private education sector is experiencing a significant crisis, with up to 80 private schools expected to close this year due to mounting financial pressures. According to Supaset Khanakul, president of the Association Board of Coordination and Promotion of Private Education (APPE), the annual closure rate has surged from an average of 30-50 institutions to 70-80. Key drivers include rising operating costs, particularly fuel prices impacting student transport, and declining enrollment numbers. Competition from state schools has intensified, as public institutions have expanded class sizes and maintained open admissions policies, drawing students away from the private sector. Additionally, high land values make alternative business uses more attractive for school owners. Some state schools now offer special programs at moderate fees, while international schools are gaining popularity among those willing to pay slightly more. Mr. Khanakul has urged the government to provide funding support, specifically for school meals, to alleviate costs for parents and help struggling institutions survive. This trend reflects broader economic challenges within the Thai education market, signaling a potential structural shift in how families choose educational providers amidst economic constraints.
Wire timeline
Thai Private Schools Face Mass Closures Amid Financial Pressures
Thailand's private education sector is experiencing a significant crisis, with up to 80 private schools expected to close this year due to mounting financial pressures. According to Supaset Khanakul, president of the Association Board of Coordination and Promotion of Private Education (APPE), the annual closure rate has surged from an average of 30-50 institutions to 70-80. Key drivers include rising operating costs, particularly fuel prices impacting student transport, and declining enrollment numbers. Competition from state schools has intensified, as public institutions have expanded class sizes and maintained open admissions policies, drawing students away from the private sector. Additionally, high land values make alternative business uses more attractive for school owners. Some state schools now offer special programs at moderate fees, while international schools are gaining popularity among those willing to pay slightly more. Mr. Khanakul has urged the government to provide funding support, specifically for school meals, to alleviate costs for parents and help struggling institutions survive. This trend reflects broader economic challenges within the Thai education market, signaling a potential structural shift in how families choose educational providers amidst economic constraints.
bangkokpost