Market Watch – Jacob Passy
“In America, learning doesn’t come cheaply. On average, parents in the U.S. shell out $58,464 on their child’s education from primary school through the end of undergraduate studies at university, according to a report from HSBC HSBC, -0.30% that analyzed education spending in 15 countries. That’s well above the global average of roughly $44,000. Other developed countries tend to spend much less — France spends the least at $16,708 on average; in the U.K. it only takes $24,862 on average for a child’s education and Canadian parents only devote $22,602.”(more)