Tuition fees major concern for Bahrain parents: survey | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Tuition fees major concern for Bahrain parents: survey | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

Tuition fees for higher education is the leading concern for 61% of parents in Bahrain revealed a survey commissioned by Zurich International Life (Zurich), part of Zurich Insurance Group. The survey further revealed that only a tenth of the parents surveyed have an education savings plan in place. According to the survey, 30% of families in Bahrain are digging deeper into their personal savings. In comparison, 15% have resorted to taking personal loans. Conducted in partnership with research firm YouGov in July 2022, the survey covered over 1,500 GCC residents across the UAE, Saudi Arabia, Qatar, and Bahrain. It also included parents and married residents across various income groups, occupations, age groups, and gender. “Our recent survey has unearthed interesting insights including the fact that a good 62% of parents in the GCC use their monthly income for school-related expenses while the majority of others rely on personal savings or loans,” said Rayner Britto, Head of Distribution at Zurich International Life. While tuition fees are the top concern for most Bahraini respondents, living expenses followed at 45%, and securing admission to an institute of their choice was an additional concern for 43%. The survey findings showed that nine out of