Cost of higher education reaches record levels


With the cost of higher and secondary education reaching record levels, many parents are understandably worried about how they are going to fund their children's future learning needs.

Due to the rise in university tuition fees of up to £9,000 per year in September 2012, experts estimate that the cost of putting a child through three years of higher education rise to more than £53,000. 

School fees are also on the increase and over the past decade, the cost of private education has increased by nearly 50%, far outstripping the rise of inflation.

Some independent financial advisers estimate that a child born today could cost in the region of £250,000 to be fully educated in the independent sector, whilst boarding fees could add another £150,000 to this cost.

It is no wonder that increasing numbers of parents are looking for more flexible options to fund their children's education and this is where financial planning can make the difference to make the most of long term savings.

To discuss ways in which you could fund your children's future educational needs contact Andrew Cross on 01572 770 552.


  • Date posted:
    02/05/2012
  • Share:

View all articles

I have always found Andrew to be tax efficient and keen to reduce my tax liability

Mr D from Barrowden

Arcus has provided us with excellent service and sound advice regarding all our tax affairs

Mr P from Milton Keynes

I would recommend him to everyone who needs an accountant and have done so with all my friends who have gone freelance

Stevie, Rushden

© 2019 Arcus Taxation Accountants is the trading name of Arcus Associates Ltd. Registered in England & Wales Company No. 05065405.

privacy / cookies

website cms powered by csb internet

01572 770552