One in 20 Italian families
will have to take out a loan to pay for their children's
education in 2014, according to a study by Findomestic spending
watchdog.
Families will pay an average of 710 euros a year for their
children's schooling, or 10 euros more than last year.
Households with just one school-age child will be set back an
estimated 606 euros, while those with two kids in school will
spend an estimated 857 euros, the study showed.
As many as 18% of families will draw on savings to cover
school costs, while 6% will rely on family or friends, and 4%
will receive scholarships.
Another 5% will seek out bank loans, up from 1.1% last
year, the study found.
Books and dictionaries are the biggest single expense for
71% of families, followed by satchels, transportation,
computers, clothing, and school meals.
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