Educational Quiz

Saving for your child's education is a lesson in itself. To test your knowledge about planning for a university education, complete the following short quiz.

1.  The earning power of a university graduate compared with an 'O' level school leaver is approximately

50% more
100% more
250% more

2.  In 15 years, the tuition cost for three years at a local university is expected to be about

$22,000
$35,000
$50,000

3.  In the past 10 years, the cost of a local university education has increased at an average annual rate of

5%
10%
15%

4.  In 15 years, the average cost of studying at a foreign university will be

$50,000
$100,000
$205,000

5.  Of approximately 49,000 primary one students each year, what is the proportion who will make it to  university?

10%
18%
33%

6.  By delaying your decision to begin saving for a university education by just three years, you could pay

3% more
15% more
33% more

7.  The best time to start saving is

when a child is born
when a child enters primary school
when a child enters secondary school

8.  The most suitable type of insurance plan for saving for education is

Whole Life
Endowment/Investment
Term

  

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