Australian Parents Face Rising Education Costs Across Public and Private Schools
New research highlights the financial burden of school expenses, with significant cost variations between states and school types.
- Parents in Australia collectively spend $23.5 billion annually on education-related expenses, with costs rising across public and private schools.
- In Brisbane, the total cost of a 13-year public education is estimated at $101,064, while private schooling can exceed $369,000 depending on the institution.
- WA saw a sharp increase in education costs, with independent schooling costs rising by 33% over last year's predictions, though the state remains the most affordable for private education nationally.
- Hidden and ancillary costs, including uniforms, technology, excursions, and extracurricular activities, are adding significant financial pressure on families, averaging $1555 per public school student annually.
- Rising costs are leading to increased stress among parents, with younger parents and those in high-cost states like Queensland reporting the highest levels of financial anxiety.