This report looks at the issue of late parental fee payments and default (or ‘bad debts’) and how this impacts on schools’ economic viability. It finds that late and unpredictable payments are an ongoing issue for private schools, the more so at the lower end of the fee spectrum.
This report provides findings from an in-depth survey conducted at 179 low-, medium- and high-fee schools in two electoral wards of Alimosho Local Government Area (LGA) in Lagos. The aim of the study is to provide a better understanding of private school finances, focussing specifically on the issue of parents’ late and partial payment of school fees, and the extent of ultimate default, or ‘bad debts’. This report extends and deepens knowledge on issues facing proprietors of schools, and examines these issues in a context of economic recession; the country’s first in over a decade.