Your child's degree may cost more than your house. Here's how to prepare
Last Update Date: 05-10-2026
Published by CNBC-TV18
Abhishek Kumar's role: Quoted
Abhishek Kumar estimated education inflation at 10-12% a year and said a course costing ₹40 lakh today could cost around ₹1.8-2.2 crore in 15 years. He noted that NPS Vatsalya is built more for retirement than for education.
More of Abhishek's views on money management
The article looks at how fast higher education costs are rising and what parents should plan for. It compares mutual funds, PPF, Sukanya Samriddhi Yojana and NPS Vatsalya for building an education fund by the time a child turns 18, weighing growth, flexibility, tax treatment and withdrawal limits.
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Your child's degree may cost more than your house. Here's how to prepare