8 post(s), 7 voice(s)
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When 1:M is released from the testing stages, and tutors are allowed to release 1:M sessions with a price. What prices are you tutors thinking of releasing your 1:M sessions at? Aer they going to be the same price as 1-2-1 sessions? I hope not. Personally my view on it is, if you release a 1:M session at the same price as a 1-2-1 you will have decreased numbers in the 1:M session. People will opt for the 1-2-1 because they get more of the teacher’s attention. Anyway, just a thought. (Also feel free to move this topic to anywhere) |
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Hi Greg! No, of course the 1:m price per student will not be the same as a 1:1. At least not in my case. |
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I’m thinking that the cost should be lower, too, since the individual will not receive as much focused attention. |
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I’m going to move this thread to tutor talk Greg just for housekeeping. As Enrique and Tony have said, I really suspect 1:M prices per student will be lower than a 1:1, that’s the point, at least in my opinion. Good that you brought this up though for anyone wondering and wanting to discuss it. |
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Will it be limit there as no less 10$ per seat? For example 5$? and so on…. |
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Not sure if the minimum price per seat has been agreed but yes, there will be a minimum fee. |
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I will charge $5.00 per student, maybe even $3.00. My goal is to provide quality education at a low cost. Of course, the idea is to get enough students to make the hour economically worthwhile. With that said, reasonable prices are relative. For example, students at Kaplan where I use to teach, charged students $125 per hour for GMAT, LSAT, and other test preparation courses. So, charging $50 per hour for this type of 1:M class is still a bargain for the students. |
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A 1:1 class where the student practically gets a customized lesson plan and the tutor giving his/her full attention to the student (not to mention the tutor attempting to teach you according to your personal learning style) would definitely cost more compared to 1:m where the tutor is teaching in more general terms and the attention is divided between a number of students. Within the 1:m classes, there is still a variation in fees imo, depending on the nature of the class. I plan on offering a reading skills class and if I must charge, I would assign the most affordable fee because there is no time constraint in the class and not a lot of things depend on it (though good reading skills is still something that will benefit any person in his lifetime). The class is leisurely and does not require any form of a big investment from both parties. Test preps on the other hand, would have to cost more because it is more specialized and there is more “at stake.” There is time constraint, a high demand to gain as much knowledge as possible, and involves a considerable investment from both tutor and students. The tutor has definitely taken the exam him/herself, bought prep books, prepared exams for their students, continually refreshed their knowledge, and spent a good deal of time keeping up to date with the developments concerning the test. Students also invest their time, money, and even their “future” on the line. Bombing the LSATs would most definitely narrow down the chances of getting into Law School, Grad School in the case of the GRE, MBA School for GMAT, etc. Prices will vary depending on the class, but the focus must always be quality instruction at the most reasonable price. |
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