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Social and Behavioral Sciences Commons

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Education

Business

2012

Amir Arjomandi

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Full-Text Articles in Social and Behavioral Sciences

Is The Rising Cost Of Education Uniform Across All Of Australia's Capital Cities?, Abbas Valadkhani, Shima Hassan Zadeh Forughi, Amir Arjomandi Oct 2012

Is The Rising Cost Of Education Uniform Across All Of Australia's Capital Cities?, Abbas Valadkhani, Shima Hassan Zadeh Forughi, Amir Arjomandi

Amir Arjomandi

This paper compares and contrasts the aggregate cost of education in Australia with the cost of education in each of its eight capital cities surveyed in the Consumer Price Index. It appears that education is becoming a relatively more expensive item among Australian households with rising substantial differences across various geographical areas. Over the last three decades on average the Australian economy witnessed an overall annual inflation rate of 4.2 per cent, whereas the growth of education cost was 7.3 per cent per annum. It is interesting to note that the rising cost of education was not the ...