Fed: Cost of educating children rises again

AAP General News (Australia)
04-25-2008
Fed: Cost of educating children rises again

Government figures show financial pressure on parents to educate their children has
reached record levels.

The Australian Bureau of Statistics says the annual cost of education has again risen
faster than the official rate of inflation.

Education costs in the March quarter rose 5.2 per cent .. compared to 1.3 per cent
increases in inflation.

Tertiary education costs rose from 2.6 per cent to 3.8 per cent in the year to March 2008.

Financial services company Lifeplan Funds Management has calculated that a family can
expect to pay more than 150-thousand dollars to privately educate a child from reception
level to Year 12.

AAP RTV sl/wz/psm/

KEYWORD: EDUCATE (ADELAIDE)

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