Originally posted by ndmmxiaomayi:
Let's calculate it slightly simpler, assuming a normal child
studying at a normal institution.
.....
Total cost - $48880 + $672 + $1008 + $396 + $720 = $51676 per
child.
To have that 2.1 ratio, that means having about 40000 babies per
couple.
51676 X 40000 = $2 067, 040, 000 --> Total amount we spend on
education
That's assuming a normal route ONLY. If you consider the
independent schools, autonomous schools that we have, it's not even
this amount.
And I'm also assuming that the university fees won't increase
during their study.
Thanks, therefore, it is very scary right? Even based on current
number without inflation etc, it's about S$52K. ---> Just fees
ONLY.