The time for you to provide greatest financial support is most essential when your children reach the age of pursuing their higher education. In a world that holds university level education in high regard, and with the costs of tertiary education continuing to climb, it makes sense to seek out professional advice and plan out your children’s university experience so that they may benefit from the best education possible.
The cost in today’s money of four years of tertiary education in the Switzerland will depend on three things:
- The age of your child and the number of years before university study
- The costs of tertiary education in Switzerland generally ranges between 7,000 to 24,000 (according to studyinEurope.eu figures)
- Other ongoing costs such as residency and daily expenses which can easily exceed
Adding to this is the steady inflation in education costs, which can vary independently form general inflation. HSBC noted that tuition fees and costs by international students rose by 55% over a decade in the USA and by 78% in the UK. Similar trends have been reported in Europe.
Insofar as current trends continue on the same trajectory, it is sensible to seek expert financial advice to help allocate adequate funds for University expenses. With deVere Switzerland’s professional teams ready to create tailor-made plans for each individual investor, we will help you navigate the financial scene and secure manageable costs for your child’s higher education.