As private school fees continue to rise and the cost of living squeeze persists, people are turning to the bank of Nan and Pop to cover the tuition.

Jordan Baker, Chief Reporter at the Sydney Morning Herald, explains to 6PR’s Chrissy Morrissy why baby boomers are footing the bill.

‘An investment in their grandchildren’s education is an investment in their grandchildren’s future,’ she said.

Click PLAY to hear the full conversation.

Image: iStock