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It's interesting to hear the Brazilian perspective on this.
I think the price for training at the academy is worth it since I'm there generally three times a week. I do, however, think that tournament fees are way too much. I resent paying that much to people who have a monopoly on the activity and have in no way helped me to get better at this sport.
I think as more Americans are promoted to black belt and start their own schools, the market price for lessons will drop.
Question for the Brazilians out there - I've heard that a lot of people there just train and don't compete. Is this true? Here it seems like you have to compete a lot in order to make brown or black belt. In this way the successful students are marketing the product that the instructor sells.
There's 2 brown belts in my class who don't compete. Most guys compete but you don't have too. I actually asked them and they have never competed before either. Said they didn't have the time.