9 months ago
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A ‘free’ public education in Victoria’s capital costs more than $108,000 over 13 years, a new study finds. Follow the day’s news live
Independent schooling costs examined
The Futurity education index also looked at the cost of independent schooling and Sydney is Australia’s most expensive city in that sector, costing upwards of $377,000 over 13 years of schooling and rising by $20,000 in a year.
With less discretionary money to spend, it’s going to be a challenge for many families to pay for the total cost of education, which has jumped 6% in the past year.
It’s forecast school fees and a host of major school expenses including outside tuition, school camps, transport, uniforms, electronic devices and sports equipment will increase upwards of 14% in the next five years, and by almost 30% in the next decade.
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