I am not a finance bod but....
#19
Lost in BE Cyberspace
Joined: May 2008
Posts: 5,125
Re: I am not a finance bod but....
yep i know in the same boat.... the only way to help is for the rents to come down like it was in the past, or to be able to pay over 12 months etc, to help the cashflow.
#20
Re: I am not a finance bod but....
Just wait It will need a year or two for Abu Dhabi to lower the rents.
This is all a repeat in UAE. I happened three times already. This is the fourth
#21
Re: I am not a finance bod but....
Problem is that there is no choice but to pay it, and well they know it, there are no jobs back home wherever home may be, so people who have jobs here are not going to pack up and go because school fees have gone up.Guess for those that have children the decrease in rents will pay for increase in school fees.
#22
Re: I am not a finance bod but....
Problem is that there is no choice but to pay it, and well they know it, there are no jobs back home wherever home may be, so people who have jobs here are not going to pack up and go because school fees have gone up.Guess for those that have children the decrease in rents will pay for increase in school fees.
#23
Lost in BE Cyberspace
Joined: May 2008
Posts: 5,125
Re: I am not a finance bod but....
Problem is that there is no choice but to pay it, and well they know it, there are no jobs back home wherever home may be, so people who have jobs here are not going to pack up and go because school fees have gone up.Guess for those that have children the decrease in rents will pay for increase in school fees.
#24
Lost in BE Cyberspace
Joined: May 2008
Posts: 5,125
Re: I am not a finance bod but....
so thats another 10k GBP a year worse off each child approx yes i think that there defo will be more people leaving.
#26
Lost in BE Cyberspace
Joined: May 2008
Posts: 5,125
Re: I am not a finance bod but....
nope 10% but if the company dont pay school fees anymore then thats the cost to you.
#28
Forum Regular
Joined: Jan 2009
Location: Brisbane, Qld
Posts: 285
Re: I am not a finance bod but....
I heard our school has put in for fee increase too...........
I'm hoping someone in KHDA will lose the request......
We're back to paying our own fees again - soon it won't make sense for us to be here in the middle east with the schooling costs if we continue paying it ourselves.
I'm hoping someone in KHDA will lose the request......
We're back to paying our own fees again - soon it won't make sense for us to be here in the middle east with the schooling costs if we continue paying it ourselves.
#29
Re: I am not a finance bod but....
I remember reading something a couple of months ago that Dubai schools would be allowed to increase fees upto 15%
#30
Lost in BE Cyberspace
Joined: May 2008
Posts: 5,125
Re: I am not a finance bod but....
this is a school in ad, which over the last three years has raised it 46% and the moe ruling is that they are only allowed to do 5% every two years or 20% every 3 unless they get special permission, but now they seem to be getting "special" permission all the time.