The fees of child education accounts for a great part of parent’s income, especially for those middle class families. Not to mention those who cannot pay for it.

Parents pay for education fees from preschool and when it comes to university, a great part of students from poor and middle class families have to loan and do part time jobs to make ends meet. Leading universities in every country such as Harvard, Stanford Universities, and MIT and so on requires 30000-40000 us dollars each year. The amount should be less in a generic private university, which is 15000-30000 a year. Most students have to pay for tuition loans when they find a job after graduation.

Have you ever calculated carefully how much you have already paid for your child education and how much will be paid in future? What is the percentage of child education out of your income?

It is a hot topic in UK right now that the government may hike up tuition fees in universities so that these leading institutions continue to be internationally competitive. As for parents, they want their child to receive the first class education and also they have to bear the education fees that may beyond paying ability.