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42% of parents would send their kids abroad for college. But it ain’t cheap

A new survey published by the bank shows that 42% of parents would consider sending their kids abroad for college, up from 35% in 2016.

Interest in an international education — which can be very expensive — has increased in almost all of the 15 countries and territories included in the survey.

Parents in China, Hong Kong, India, Malaysia, Indonesia and the United Arab Emirates were the most enthusiastic, with a majority in each saying they would consider sending their kids abroad for college.

British, Australian and French parents were less keen, with only 17% to 22% expressing an interest in international study. The figure was 36% among American parents. Read more…

42% of parents would send their kids abroad for college. But it ain’t cheap