Education planning
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Many parents are already paying college and university fees, and this trend of rising fees and falling local authority grants is set to continue - until grants are abolished and replaced entirely by loans. School fees present an additional burden: it is estimated it costs more than £100,000 to fund a child through private education. With a bit of forward planning and/or some good advice, you should find that providing your children with privately funded education is not a financial nightmare.
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