Over the past few weeks, we’ve seen a wide-spread debate on how costly it is to get an education in South Africa and how too many students in tertiary institutions are swimming in debt and have been academically excluded because they owe money.
The big question is, how do you, as a parent, prepare yourself, to take your child through school?
Sumitra Nydoo spoke to Priya Naicker on My Money and Me about the cost of higher education.
Also Read: Connie Chiume talks money with Sumitra Nydoo(Opens in a new browser tab)
Listen to the conversation here:
The cost of education in South Africa
Naicker gave Kaya 959 listeners an idea of the cost of education in both private and public schools in South Africa. This amount varies depending on which region in the country your child goes to school.
“I think we all aware that school costs, whether it is a public school , private school or tertiary education, It can stack up to quite a lot over time. Currently on average you are looking at primary schools in the public domain being between R 20,000 – 22,000 rand per annum. When you are looking into private schools you are looking at tripling that amount at around R60,000 or so.”
Also Read: 3 things to consider when choosing a school(Opens in a new browser tab)
According to Expatica.com, the cost of studying can be relatively high, as universities set their own admission fees. The average cost for an international student at the University of Cape Town in 2016 was R75,000 for an undergraduate degree and R47,500 for a Masters degree.
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