UAE parents need close to DH1million per child to cover education costs

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Parents who raise their child in the UAE and later send them to a university outside the country can expect to spend not just hundreds of thousands, but nearly a million dirhams in their lifetime, financial experts said on Wednesday.

The latest analysis by Zurich showed that school costs for pre, primary and secondary education in the UAE alone can add up to an average of Dh528,486 per child, a slight increase on last year’s figures.

The figures were based on the total cost of education of two years at pre-school, six years at primary school, six years at secondary school and three years at a university in the United Kingdom. With the education expenses rising every year, parents would do well to plan and save up for their child’s education in advance.

Source Credit: Khaleej Times
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