The cost of raising a child is getting higher. A 2016 Suncorp report found the average cost is $297,600 from birth to 17 years – which as Mamamia noted is the cost of a brand new Ferrari. Ouch.
When the 2019 Planning for Education Index was released in January, there was a flurry of media coverage across the country. The report detailed the estimated cost for educating a child born in 2019, with the intention of preparing parents not only for the projected expense of tuition but all the other ‘little’ things that hit the wallet, such as
A Catholic school education in Adelaide is more expensive than in any other Australian city, the Australian Scholarship Group says.
Brisbane parents spend more to send their children to government-run schools than any other Australian capital.
While some parents debate the benefits of public or private school, many can’t afford the choice and are still seriously struggling with the costs of a so-called ‘free education’.