Who Spends the Most on Their Child's Education?
Education
When it comes to funding of their child’s education, parents in Hong Kong are leading the way with an average spend of $132,161. This is what HSBC found in a recently published study by surveying 8,481 parents in 15 countries. The United Arab Emirates comes second with $99,378 while Singapore rounds off the top three with $70,939 in expenditure on a child’s primary, secondary and tertiary education.
The report further reveals that 87% of all parents surveyed support their child in educational funding, with the highest percentage (98%) in Indonesia and the lowest in France (76%) and the UK (71%).
The report further reveals that 87% of all parents surveyed support their child in educational funding, with the highest percentage (98%) in Indonesia and the lowest in France (76%) and the UK (71%).