How much? – Let’s do the math
The first question is how much do you need to save to get into a good tertiary institutions? The table below is showing the estimated cost of pursuing a four-year university degree in Singapore, United Kingdom, United States and Australia. Based on the table, in 2030, fifteen years from now, education in Singapore and Australia will require an estimated sum of $152,162 and $364,655 respectively.
Indeed, these are not a small sum that you can save in your piggy bank or under your pillow. Assuming you have fifteen years, you will need to save $24,310 per year and $10,145 per year for pursuing a degree in Australia and Singapore respectively.
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