News From Press How parents save for child's university education expenses

How parents save for child's university education expenses

Source - Economic Times Aug 6, 2018

A major finanial planning goal that everyone has is saving for their children's education. To put their kids through a good university, parents are now taking on extra work, sacrfising holidays, and borrowing money. A recent HSBC Value of Education survey finds that on average, Indian parents spend Rs 3.62 lakh for their child's undergraduate and post-graduate studies. The study covered 505 parents and 100 students in India. Here are more such findings from the survey.

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