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As school fees have remained unchanged, that means parents now bear a smaller share of total spending on their children's education.
The word 'bear' is used as a verb in this sentence. 'Bear' has different meanings when used as a noun and as a verb.
As a noun, a bear is a large, heavy mammal which walks on two feet.
Example: There are three moon bears in the zoo.
As a verb, the word 'bear' means, in the context of this story, to take responsibility for.
Example: No one likes to bear responsibility for such decisions.
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