With tuition costs expected to increase over the next decade, university fees are still a major consideration for many South African students.
It is important for parents to start saving as early as possible in order to avoid this shock. Parents should consider the solutions that fit their individual needs, budget and time-frame when choosing an education savings plan.
According to data from Old Mutual, the average cost to send a graduate to university in South Africa is R55 900 in 2023, which is expected to accelerate to R95 700 by 2030 – and reach R177 200 by 2038.
The fees apply to…
South Africa Education News