Rising inflation directly impacts the affordability of education worldwide.
Inflation increases tuition fees, accommodation costs, and the price of daily necessities. Even small annual increases accumulate into significant financial burdens over the course of a degree.
Families saving for education may find their funds insufficient due to inflation reducing purchasing power. Adjusting contributions and exploring inflation-protected savings plans helps counteract this effect.
Students also feel inflation through part-time job wages, which may not rise proportionately. As a result, careful planning and cost-cutting become critical in high-inflation environments.
Inflation is a silent factor in rising educational costs, making proactive financial strategies more important than ever.
