Personal Finance
Funding Your Child’s University in the Future
By Five Cents Ten Cents  •  January 3, 2011

I caught this news snippet on Al Jazeera and was blown away by the amounts that US students have to pay for their college (university) tuition. The USD 100,000 + and USD 36,000 plus figures quoted are definitely much higher than tuition in Singapore for the local government funded universities as well as the private ones (e.g. SIM). However, what the US experiences could be what could be a foretaste for us here as I know that a SIM programme with a foreign university that is delivered locally costs close to $9k a year or almost $30k in three years so our costs of university are also creeping up.

Makes you think more about funding your child’s college tuition in the future especially the point made that colleague fee increases outpace inflation.

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By Five Cents Ten Cents
PanzerGrenadier is a 30-something accountant who finally grasped the concept of financial freedom at the ripe old age of 32. Ever since, he has been travelling on his journey towards financial freedom and documenting his adventures through his blog "fivecentstencents". PanzerGrenadier allocates his non-work time in between living within his means, saving and investing as well as spending quality time with family. He is an avid toastmaster and has completed 10 years of being a reservist conscript in the Lion City.
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