28 October 2016Last updated

Features | Reportage

UAE parents ‘biggest spenders’ on higher education

HSBC report reveals they spend 140% more on children’s college fees than global average

Faisal Masudi
1 Sep 2016 | 11:22 am
  • Source:Supplied

UAE parents are the world’s biggest spenders on their children’s university studies, paying $18,360 (around Dh67,439) annually on average, new research suggests.

The figure represents a 140 per cent higher spending against the global average of $7,631 (around Dh28,029) per year, according to The Value of Education: Foundations for the Future report by HSBC bank.

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Faisal Masudi

Faisal Masudi

Staff Reporter, Gulf News