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Frequently Asked Questions
Providing an education for your children is one of the most important investments a parent can make. As the job market becomes more competitive, and the costs of a higher education continue to rise, it is now more important than ever before to plan ahead in order to ensure your children have access to higher education in the future, and will be able to compete successfully with their peers.
Today, the annual costs of a university education in the US including tuition and living expenses can easily be over 40,000 USD and even exceed 60,000 USD for top universities, with these costs continuing to rise at rates higher than inflation. For a new parent today who wishes to send his child to a top US university, the total costs of a 4 year undergraduate degree can exceed 500,000 USD.
Many other countries today are also moving towards a system of higher costs and fees for education. In the UK today, tuition costs alone for many universities can average nearly 9,000 GBP annually, and to this figure one has to add living expenses, books, and travel. In Japan, university tuition alone can cost close to 2,000,000 JPY.
The rising costs of education makes planning ahead essential in order to reduce the future financial burden of funding higher education on yourself and your children. Argentum can advise you on a suitable strategy through a wide range of solutions to help put your mind at ease and give your children the ability to reach their full potential. To learn more about our services and how you can become an Argentum client, contact us today.
Before meeting one of our advisors, feel free to run through some scenarios yourself with our Education Fee Calculator.