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AAP
AAP
National
Jack Gramenz

Parents put kids' future on credit as school costs rise

Education costs have risen at more than double the rate of broader consumer prices. (Bianca De Marchi/AAP PHOTOS)

Parents are making sacrifices, turning to grandparents for help and using credit cards to keep up with increasing costs associated with educating their children.

The most recent inflation data from the Australian Bureau of Statistics suggests education costs had risen 6.4 per cent in 12 months - more than double the increase in broader consumer prices.

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