I have friends who run private and international schools.

They are looking to consolidate, not expand, and are hopeful that dropout rates are not more than 20% but they expect up to 50%. Some are closing campuses. There are many whose parents have not paid, citing everything under the roof (some are real, some may not be) not to pay. This is the huge group that is expected to exit.

For kindy, it's the same scenario. Especially with social distancing, how many students can you take?

Perhaps you should plan for the current situation with no possible CV 19 vaccines as a basis on whether you should venture or not. If you make the decision you can venture, you must have strong cash flow and be willing to take real losses, not paper losses.

As Mr Baba said, Good Luck!

Each school have their own procedures. However, many do charge deposits and it is this that is being used to offset unpaid school fees for now. It's kinda like renting a property where the landlord collects 2 to 3 months deposit and if the tenant does not pay during these 2 to 3 months, it's still ok. However, what happens on the 3rd or 4th month onwards?

Not to detract from TS original question, TS it's looking very bleak for education now. Would parents pay the same amount of money for on-line classes (kindy included) where they have to print, guide, teach their own kids through a pre-recorded video format?

This is one reason why many will not pay as there is no value add. You might as well do your own home-schooling - it is more or less this for the past 2 months.