Ready for the Education Bill ?

For many parents, one of the biggest dreams is to give their children access to quality education. But here’s the reality: the cost of higher education is rising much faster than household income.

According to global education cost projections, tuition fees and living expenses could easily exceed RM500,000 by 2040 if your child studies overseas, and even local private universities are catching up quickly.

📈 Why the Cost Is Rising

1. Inflation: Education inflation averages 5–7% annually.
2. Lifestyle factors: Parents want not just tuition but also enrichment, overseas exposure, and quality living.
3. Currency risk: If your child studies abroad, exchange rates matter.

💡 What Parents Can Do Now

1. Start Early: Even RM500 monthly from age 5 to 18 could grow significantly if invested wisely.
2. Diversify Savings: Don’t rely only on savings accounts—consider unit trusts, PRS, or investment-linked plans.
3. Plan Tax-Smart: Some investments give you tax relief while funding education.

✅ Key Takeaway

The earlier you start, the less stress you’ll feel later. Education is one of the few expenses that can’t be postponed, so a plan today is your child’s future tomorrow.