The shift to the dream of an “international" education has been driven by a combination of factors. Impact of total inflation, not just education inflationSince planning for education is usually a long-term goal, considering the right inflation rate is important as most people underestimate inflation rates and its compounding impact. While that is probably true for general inflation, education inflation globally does tend to be much higher than general inflation. Education inflation in the US, for example, is currently between 4% and 5% per annum, down from 6-7% per annum that it used to be, but still high enough that education costs double in 12-15 years. Like most other goals, a high quality education goal(s) can be achieved, with the right planning, discipline and execution.

Source: Mint June 15, 2019 04:30 UTC