Were your parents anticipating your success in high school, envisioning your eligibility for university admission, and ultimately obtaining a degree? If your response is YES, you're not alone.
According to the Australian Institute of Family Studies, more than half of Australian parents expect their children to graduate from university. The study highlights the importance of educational aspirations, given the diverse opportunities for university graduates in Australia. Children's expectations for their educational achievements often align with their parent's expectations. However, the unpredictable nature of education costs emphasises the need to start saving early for an education fund. Even small, regular contributions over time can help cover anticipated and unforeseen expenses.
What is an Education Bond?
Education bonds are long-term investment vehicles designed to fund primary, secondary, and post-secondary education, including training
programs from recognised institutions. Categorised as investment bonds, cater to investors saving for personal or familial educational
If you're unfamiliar with education bonds, here's a quick overview of 10 Features of Education Bonds.
Education bonds are a type of investment bond that is designed for investors who are saving for their own or their families' education cost.