Destination

Kids' Education Fund

International vs. local school fees.

School fees back home are often the second-largest expense after housing. International schools ($8K-$25K/year per child) vs. private ($2K-$5K) vs. local ($300-$1K) — plus escalation. This calculator projects your total education commitment over all school years.

Annual cost per school type (today's value)

USD

$8K-$25K typical

USD

$2K-$5K typical

USD

$300-$1K typical

%

Conservative: 5%, Aggressive: 10%+

USD

One-time, per enrollment

USD

Children (2)

yrs
yrs

Current savings & growth

USD
%

Education savings invested

Total education cost
$ 423,555
All children, all years
Future savings value
$ 0
Current savings grown
Shortfall
$ 423,555
Need to save more
Per-child projection
Child 1
Age 8 → 18 (10 years) · international
$ 174,308
Child 2
Age 5 → 18 (13 years) · international
$ 249,247
Coverage from current savings0%

Significant gap — prioritize education savings or consider different school tiers.

Monthly savings needed
To fully fund your children's education, save $ 2,277/month for the next ~12 years at 5% annual return.

Significant gap

Only 0% covered. Consider private local schools instead of international — this can cut costs by 4-5×.

These insights are educational and do not constitute financial advice.

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Understanding the numbers

Education costs in many African cities have risen faster than inflation for years. A school charging $8K/year today may charge $14K/year in 5 years at 12% annual escalation. For diaspora returning with multiple school-age children, the cumulative cost over 10-15 years can rival the cost of buying a home.

The three school tiers

  • International schools: $8K-$25K/year per child. American, British, French curricula. Best for kids planning to attend university abroad. Limited spots, often 6+ month waitlist.
  • Private schools (local): $2K-$5K/year. Often religiously affiliated or specialized (STEM, IB). Local curriculum but better facilities than public.
  • Local public schools: $300-$1K/year (often "free" but with hidden costs: uniforms, books, transport, PTA fees). Quality varies dramatically by region.

The escalation problem

School fees typically rise 6-12% annually in many African cities — well above general inflation. At 10% escalation, a $10K/year school becomes $25K/year in just 10 years. Always model future costs with escalation, not today's flat rates.

Practical advice

  • Apply to international schools 6-12 months before you need a spot — waitlists are common.
  • Mix is OK — older kids in international, younger in private can save significantly.
  • Account for university costs separately — most parents underestimate these massively.
  • Some employers offer education allowances — negotiate this into your post-return package.

Common mistakes

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