Private schools have made financial headlines over the past months as South African investors continue to climb into an industry that is providing massive margins – all while promising to address the shortcomings facing public education.
Census data indicates that only an estimated 48% of students who begin Grade 1 actually complete Grade 12, with most learners dropping out of school in Grade 10 and 11, while teachers and university professors claim that pass rates of 30% to 40% are just too low to be of any value, globally.
It is no surprise then that a rising black middle-class combined with an increasingly lowered barrier of entry to private schools has seen the enrollments and financial returns in private education rocket over the past few years.
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