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A new report has highlighted the skyrocketing cost of education for Aussie families, even at public schools.

According to the latest figures, if you have a little school starter beginning prep this year at a public school in a major city, you can expect to fork out up to $123,294 by the time they finish year 12. For a Catholic school that increases to $193,666, while an independent school will cost you $350,158 over 13 years.

The Cost of Education Index from Futurity Investment Group combined the averages of tuition fees and ancillary costs over 13 years to uncover the real amount parents are paying for the kids’ education. And it’s those ancillary costs – or the ‘hidden’ extras – that really add up.

The report found that these extra items account for around 90% of total education costs in Government schools, 60% in Catholic schools and 50% in independent schools. That’s things like uniforms, transport, camps, excursions and electronic devices.

More than half of the parents surveyed as part of the report revealed someone else is helping them pay for school costs, with grandparents among the biggest financial supporters.

education cost

Which state has the most expensive education?

According to the research the most expensive location to educate kids in Australia is in metro NSW for public schools ($150,323), Canberra for a Catholic education and NSW metro for independent.

While the most affordable for public education is Brisbane, SA metro for Catholic and WA metro for independent.

What do you think of these costs? Do you think it’s too expensive to give kids a public education in Australia? Click ‘comment’ below and have your say.

  • I wonder how these figures are reached.

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  • Sounds about right.. everythings price is ridiculous nowadays

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  • We can cover the extras like excursions without problems, but I often think that there are so many of them that it must cause problems for other people. Like, literally hundreds of dollars a year.

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  • Wow, that is a lot of money ! I’m not sure how they come to these numbers, but we certainly paid less. We lived in Sydney for nine years of public education for our eldest two children and currently live in Brisbane, having two more children
    at public schools. There are ways to bring the costs down, for example by buying second hand uniforms and devices (which we always did).

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  • Thats a lot of money! I’m not sure how they’ve come up with these figures? I have 4 kids including a daughter starting prep this year and one in year 12 (public schools) and while it is expensive with school fees stationery and uniforms etc it isn’t or at least hasn’t been that expensive for us?..

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  • Educational costs can indeed be quite expensive for families but the costs are well worth it. Getting a good education and learning is so important for children. Sports fees and the costs for hobbies and other recreational activities can also add up. Again; these are well worth it for having balance in life.

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  • It is such an enormous amount for parents to pay for educating their children. The costs are huge. It really does put more pressure on cash strapped parents. Of course there are a lot of other costs with children especially if they are talented in sports or have other interests.

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  • Sending a child to school is not cheap, school uniforms cost a lot of money along with all the other things you need to buy, water bottles, shoes, books etc and then there are the extra activities on top throughout the year like colour run activities, sports carnivals etc that are not covered in the school fees and you are expected to pay these at the time of the event. I thankfully add money to my weekly budget to cover the costs for the school year but not all families can afford to do this.

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  • I’m the odd one out who doesn’t believe this. I think it is very exaggerated. Yes, it is very expensive but not to that extent. I don’t know about Catholic or Private schools but in the public system not at all and happy with the education they are getting.

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  • Wouldn’t it be nice to have someone else like grandparents to help with your school fees. It makes sense that banks assess your borrowing capacity differently based on the number of children you have as it’s an expensive exercise to have children and see them through their education! We are grateful to have a good private school close to home to send our children to

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  • I’m shocked to learn the accumulation of fees and charges can add up to that much but am also considering the expenses not included here.

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  • The cost of educating children can indeed be quite expensive and we are very fortunate in Australia to have plenty of good options and choices for educating children. It can be quite a journey finding the right educational fit for children. It is worth taking the journey to find the right fit.

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  • As my kids near the age of high school and looking at surrounding options around me locally, it’s really drawn on me how expensive education can cost across the different schools here!! I cannot believe how much it would be by the time they finish year 12. It’s definitely a stress im already thinking about.

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  • 4 Children finished the Catholic Education system and it cost plenty not just money .The heartbreak the suffering the mental anguish the mind games and not to mention the lack of support .Then go on to the Priests my God what a combination .If you can’t afford a Catholic education beleive me you will be richer to keep away from them.

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  • I can believe it. And I bet these costs don’t even include all those “bring $2 for casual day for the RSPCA” sort of things – and they add up to hundreds of dollars a year. I kept count one year!

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