Southern States spend more on higher education
A recent study ‘Household Expenditure on Higher Education in India: What do we know and what does recent data have to say’ shows that people from rural and urban areas of southern states spend the most on higher education. On an average, an Indian spends 15.3% of the total household expenditure in rural and 18.4% in urban areas on higher education. While in the south, the corresponding figures are 43% and 38%.
In terms of money, families from urban parts of south India spend an average of Rs 49,690 a year on higher education, while in rural areas, it is Rs. 36,063 per annum.