The average cost of a financial education course is £18,000.
Source: The National Centre for Financial Education (NCFE)Source: The Office for National Statistics (ONS)/PA image 1 of 6 A student taking an online course on the NCEE’s website on a computer screen at the centre of the national financial education centre in London, UK, on March 15, 2020.
A student on an online financial education class could expect to spend £19,000 in total over the course of a year, the research shows.
2 of 6 Students taking online courses from the NCAE are shown here, who would be expected to spend more than £21,000 on course material and course costs over a two-year period.
3 of 6 The NCEe’s online financial courses offer students a variety of courses to choose from.
The average course cost is £17,500, which is well below the UK average of £18.8 million per year.
4 of 6 On the other hand, the average course costs are £18k-£19k in the United States, the European Union, Canada, Japan and Australia.
5 of 6 It is a trend that is expected to continue.
A study commissioned by the NCHE said the average cost for a course to be offered by a major US university in 2019 was £20,000, while the average was £24,000 at an Australian university.
6 of 6 (The BBC has contacted the NCCE for comment on this article.)