In Mexico, 56% of parents borrowed to pay for the university of their children, against an average of 35% from other countries, the bank reported HSBC.
In the study The value of education, applied by the company in 15 countries, emphasizes that the average of the total cost of a university career in Mexico is 5 thousand 768 dollars, one of the countries with lower costs, above Malaysia, with 5 thousand 606 dollars; and India, with 5 thousand 560 dollars.
In contrast, the country with the highest cost of the university career was Hong Kong, with 51,000 656 dollars. The average of the countries consulted by HSBC is 16 thousand dollars.
The director of Patrimonial Banking and Services to Private Clients of HSBC, Mauricio del Pozzo, explained that both public and private university careers were considered, and acknowledged that in some careers and institutions the costs may be much higher than those in the average of the study.
Among other figures from the study is striking that only 5% of the parents of the family in Mexico are saved for the education of their children; 70% said in the meantime that they would have liked to have designed a savings plan to cover the costs.
The HSBC study found that 43% of parents in Mexico pay for their children's education, while 86% of students believe that education is a valuable investment compared to 70% of the average in other countries.
The financial company study also found that 59% of parents would have wanted to start saving for the education of their children, although 27% do not know how much it currently costs.
"In Mexico, 57% of parents and 52% of students believe that languages are at the top of the list of skills that education should concentrate on by 2030. In the global average, Parents' priority was to solve problems ( 55%) and those of critically thinking students (53%), "the study said.
The executive power explained that food, tuition, lodging, payment of bills and transport are the main expenses covered by students in Mexico. Throughout the course, students spend more on fun than on books.