Pakistan : What's the Best Way to Invest in Private School?
Private schools that cater to low-income students are popular with parents seeking alternatives to government schools. But these private schools, which are often owned by local entrepreneurs, may lack the resources and incentives to expand enrollme...
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| Format: | Brief |
| Language: | English |
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World Bank, Washington, DC
2019
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| Online Access: | http://documents.worldbank.org/curated/en/353001560873141888/Pakistan-Whats-the-Best-Way-to-Invest-in-Private-Schools http://hdl.handle.net/10986/31969 |
| Summary: | Private schools that cater to low-income
students are popular with parents seeking alternatives to
government schools. But these private schools, which are
often owned by local entrepreneurs, may lack the resources
and incentives to expand enrollment or improve quality. They
generally operate in markets where access to credit is
limited and where there aren't loan products tailored
to their needs. This means that any improvements have to be
financed through school fees or their own funds. When donors
and investors step in to provide support to private schools,
they tend to focus on larger operators with a chain of
schools, which typically implies selective funding to a
limited number of schools rather than broad support to the
schooling market. Is this the best way to support private
schools that cater to poor families? Could supporting the
entire market, rather than select schools—or chains—lead to
more competitive pressure to invest in quality improvements
that promote students’ learning? And is a market for loans
for private schools sustainable? |
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