Time expected by parents to pay off child's university debt, selected countries 2015

Average time parents expect it will take for the debt from their child's university education to be paid off in selected countries in 2015

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Source

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Release date

July 2015

Region

Worldwide

Survey time period

March and April 2015

Number of respondents

5,550 parents

Supplementary notes

Figures are based on those collected from Ipsos MORI for HSBC.

Interviews were conducted in Australia, Brazil, Canada, China, France, Hong Kong, India, Indonesia, Malaysia, Mexico, Singapore, Taiwan, Turkey, the United Arab Emirates, the UK and the US.

Money borrowed by parents refers to the debt taken on for the university studies of their child and does not refer to any university related debts they may hold from their own education.

Not data was available for the debt taken on by children in France and Turkey and therefore they are not shown.

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