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måndag, oktober 21, 2024

would you borrow $120,000 for college prices?


Australian mother and father are treating their children’ schooling prices like a mortgage — one thing to be paid off over time.

(Picture: Gorkie/Personal Media)

I suppose there are worse issues to enter debt for?

Aussie households are actually going into hock to pay their non-public faculty charges, and one huge financial institution is betting on that turning into a fair larger pattern.

NAB’s annual report was launched at this time and tucked away inside it was the revelation that its “enterprise arm” had invested but extra into school-fee lender Edstart, which places households into debt to cowl non-public faculty prices. 

Learn extra about how mother and father are paying for personal education…

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