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3rd Level Fees to make a comeback?

If you have children you will no doubt be aware that the costs of providing for their education through college have significantly increased with the proposed reintroduction of 3rd level fees from September 2010. These fees as well as the associated costs of accommodation, books, travel etc. will place a heavy financial burden on parents. Some Interesting Statistics!

€38,000 is the estimated total cost of a 4 year degree course
(Source Union of Students in Ireland)

55% of 17-18 year olds entered 3rd level education in Ireland during 2004
(Source Union of Students in Ireland)

The average student requires €7,500 - €12,000 p.a. (depending on lifestyle) on living expenses alone.
(Source educationireland.ie)

Putting some money aside on a regular basis is the most effective way of meeting these educational expenses and the earlier you start the longer your investment has the opportunity to grow and the more money you can potentially accumulate. If you are looking for the potential to make real returns over time then the growth traditionally associated with stock markets offers an excellent alternative to bank deposits over the medium to long term. For more information contact us