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New survey reveals high schooling price tag



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New Survey Reveals High Schooling Price Tag At the Australian Scholarships Group (ASG), we believe in the power of education. That's because education opens the door to many opportunities in life.

As parents, we dream of our children growing up to lead successful and fulfilling lives. We envisage a world in which our children have the opportunity to pursue their chosen career without limit. Quality schooling - whatever the schooling system of choice - can provide the path to these opportunities.

Education is one of life's necessities ranking in importance alongside health, love and encouragement. There is a total cost associated with schooling, which parents may overlook because they pay for the costs in small, incremental amounts, but the costs add up as ASG's 2011

schooling estimates demonstrate.

A new ASG survey reveals the total schooling costs bill for parents of children born in 2011. The estimates show parents of children attending school in regional areas reap significant benefits in terms of costs when compared to those in metropolitan areas.

National Total Schooling Costs for a Child Born in 2011-Metropolitan compared to Regional Costs

The survey shows parents living in metropolitan areas can expect to pay up to $80,000 if they choose a government education setting for their children's future schooling, $217,000 for systemic (eg Catholic) schooling or up to $415,000 for private schooling.

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Whereas parents living in regional areas experience reduced costs of up to $68,000 if they choose a government education setting, $165,000 for systemic (eg Catholic) schooling or up to $303,000 for private schooling.

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National 2011 School Year Costs

Preschool 2011

Nationally, preschool in 2011 will cost up to $4945 in a government preschool and up to $11,626 in a non-government facility). ■

Primary School 2011-Metropolitan compared to Regional Costs

The bill for parents of primary school children living in metropolitan areas amounted up to $4002 for government primary school, $6401 for systemic (eg Catholic) schooling, and $12,917 per year for private schooling.

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These amounts compared to the regional costs for primary schooling of up to $3614 for government primary schooling, $5466 for systemic (eg Catholic) schooling and up to $9015 for the 2011 school year at a private primary school.

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Secondary School 2011-Metropolitan compared to Regional Costs

Parents of secondary school children in metropolitan areas nationally can expect to pay up to $4657 for government secondary schooling, $12,138 for systemic (eg Catholic) schooling, and up to $20,888 for private secondary schooling.

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In regional areas, the amounts are up to $4039 for government secondary schooling, $8993 for systemic (eg Catholic) schooling, and up to $16,272 in the 2011 school year at a private secondary school. ■

Research suggests that young people who complete secondary school have richer education and career outcomes than early school leavers. School completers are more likely to earn more, work full-time, experience shorter and less frequent periods of unemployment, and to be concentrated in high-skill occupations with broader opportunities for training and extensive career prospects.

[02/02/2011]

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