KASIKORN RESEARCH CENTER (KResearch) shows that the international school business in Thailand is still growing steadily. Despite the declining number of schools in Thailand, the international school growth rate is clearly higher. In 2024, it is expected to grow 13% over the previous year, reaching over 80 billion baht.
This growth reflects the increasing popularity of educational programs abroad and the higher investment potential of parents, especially those with assets of more than 34 million baht, which is expected to increase 24% between 2023 and 2028. Moreover, the number of parents who can invest in education, and foreigners in Thailand, as well as those who move to Thailand affect the number of international schools to increase.
Education in international schools is becoming more and more popular, especially in Bangkok. Many schools have high tuition fees which reflects the quality of education they offer. The most expensive international schools in Thailand are:
High tuition fees for international schools in Thailand can be a valuable investment. Considering the quality of education and opportunities for children to receive, high-cost schools often have modern facilities, comprehensive and challenging courses, and access to international networks.
However, choosing the right school should be considered in many ways, not just tuition. Parents should consider their children’s needs and potential, and their ability to afford. High tuition can mean a better environment and better educational opportunities but parents should also consider what their children want and the ability to invest in their families.
Although international schools have high tuition fees, there are still challenges facing them such as increased competition from higher quality private schools and technological changes that make home schooling a more convenient and less expensive alternative.
Overall, choosing a school for your children is an important decision that affects their future. Choosing an international school may be a good choice for parents looking for quality education and a variety of learning opportunities, but it is important to choose a school that meets their family’s needs and investment capabilities to invest in the education of children worthwhile and able to best meet the needs of their children.
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