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Rich parents from all over the world are increasingly sending their children to the most elite universities possible. Education is highly valued and desired in every country from the USA to India to Australia and everywhere in between. In China, for example, there’s an increasing trend for super rich parents to send their kids overseas to get an elitist education, no matter what the cost. A Chinese Luxury Consumer White Paper, published in 2012, found that 85% of families worth at least $1 million said they’d send their kids abroad to study.
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