Archive · 17 Sep 2025
Financial Advisor: College Costs Pose Greater Threat Than School Fees
A financial advisor named Chakravarthy is talking about how expensive it is to raise and educate kids.
He says that while the fees at fancy schools are a lot, the real big cost is college.
He gives examples of how much schooling costs in different cities.
To be ready for these costs, he suggests that parents start saving early.
He emphasizes that planning ahead is very important to make sure you can afford it.
He advises families to keep school expenses in check to keep other savings safe like for retirement.
In other words, it's important to plan how to pay for college.
Wealth advisor Chakravarthy V discusses education costs in India.
Focus is on financial planning for education expenses.
Schooling costs ₹20-40 lakh in urban India.
Higher education is projected to cost ₹1.5 crore or more.
Advisor recommends early financial planning and starting a SIP.
- Who
- Chakravarthy V, wealth advisor
- What
- Discusses the financial challenges of education, highlighting the higher cost of college over primary schooling.
- When
- Not specified in article.
- Where
- India
- Why
- To advise parents on financial planning for their children's education.
- Expert's Name
- Chakravarthy V, wealth advisor
- Focus
- Financial planning for education
- Schooling Cost (Bangalore)
- ₹24 lakh (K-12)
- Schooling Cost (Chandigarh)
- ₹40 lakh (K-12)
- Higher Education Cost (Projected)
- ₹1.5 crore or more (undergraduate + postgraduate)
- Recommended Action
- Start a ₹30,000/month SIP early