Infographic- 5 Things You Must Do To Beat the Inflating Education Cost
Written on Friday, October 27, 2017
By Team Bajaj Capital
It's a happy as well as emotional feeling to see your bundle of joy outgrow your lap. But have you realized that at a much-accelerated momentum, the education cost is also outgrowing parents' reach? Long back, we have come out of the era when funding child's education used to be economical. Nowadays, the cost is exorbitant and will continue to grow on, thanks to Inflation.
Impact of Inflation in Education Sector
According to a report published in Economic Times, "At an average running inflation rate of 10%, a four-year engineering course that costs Rs 8 lakh today is likely to set you back by Rs 17 lakh in another eight years' time."