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UAE Parents priorities children’s education

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A new report  has shed light on the importance parents in the UAE place on their child’s education to prepare them for the future. HSBC’s higher and higher reports surveyed nearly 8500 parents in 15 countries and territories, including the UAE, Australia, China,India, Malaysia, UK and US.

The survey revealed that UAE parents pay double the global average for their child’s education, spending $99,400(365,000) for primary to undergraduate level.

The report is the fourth in the value of education series, an independent consumer research study that aims to gain greater insight into global education trends and parents attitudes toward their children’s  education.

 

Charlie Nunn, group head of wealth management at HSBC , Explained – with the rise of the information economy and a challenging job market for young people, education has never been more important than it is today…

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