Did you always dream of studying abroad? Let me twist the question. Do you have a few thousand dollars to spare? If yes! This post will be quite informative for you. Here is the list of the top 10 most expensive countries of the world for pursuing higher education. Have a look!
10. Russia
- Annual fees: $3,131
- Annual cost of living: $6,310
- Total annual cost: $9,441
Russia has some of the best educational institutes of the world especially in the field of medicine, mathematics, science, and aerospace research. The country is known as a renowned educational hub since ages. But the only hitch is the high tuition fee and higher cost of living that needs spending over $10,000 a year.
9. China
- Annual fees: $3,983
- Annual cost of living: $4,783
- Total annual cost: $8,766
Chine which is ranked as the most populous country in the world is extremely student friendly. Though the education policies have reduced the cost of education in the country it is still above the global mark.
8. Japan
- Annual fees: $6,522
- Annual cost of living: $12,642
- Total annual cost: $19,164
Japan is another country with the most desired educational destinations. It has over seven renowned public universities and 700 different universities that attract students from around the world. Since the cost of living in the country is the highest in the world, Japan is ranked 8th on the list.
7. Hong Kong
- Annual fees: $13,182
- Annual cost of living: $9,261
- Total annual cost: $22,443
Hong Kong has the third highest overall cost on education in Asia. The high cost of education does not outnumber the overseas applicants in the continent. One has to spend over $22,443 a year in this country.
6. Singapore
- Annual fees: $14,885
- Annual cost of living: $9,363
- Total annual cost: $24,248
Singapore is the second highest ranked entry from Asia. The country with one of the lowest crime rates in the world is another famous educational hub that attracts fresh minds in context to education every year. Government of Singapore has made plans to host 1.5 lakh international students by 2015 because of its growing popularity.
5. United Arab Emirates
- Annual fees: $18,474
- Annual cost of living: $7,537
- Total annual cost: $26,011
United Arab Emirates charges the approximate equivalent to 51 percent of GDP per person in the country. As such this west Asian state is ranked fourth in the list of the most expensive nation for higher education in the world.
4. Canada
- Annual fees: $18,474
- Annual cost of living: $7,537
- Total annual cost: $26,011
Canada takes one of the highest tuition fees in the world and is no wonder of the students. In this North American nation students have to shell out a meager sum for a living compared to the other European or Asian counterparts in the list. What-so-ever, the higher tuition fees doesn’t necessarily add to the attractiveness of Canada as an educational destination.
3. United Kingdom
- Annual fees: $19,291
- Annual cost of living: $11,034
- Total annual cost: $30,325
UK is one of the most student-friendly nations of the world that is widely known for offering excellent quality of education. However, recession and subsequent repercussions has had a negative impact on the cost of education and intake of students significantly. There has been a huge drop in the number of student visas issued by UK in 2013 though.
2. United States of America
- Annual fees: $25,226
- Annual cost of living: $10,479
- Total annual cost: $35,705
The falling rupee, rising accommodation prices and higher cost of living have collectively downgraded the image of the US as the most favorable destination for education among Indian and international aspirants.
It is researched that the falling rupee, rising accommodation prices and higher cost of living have collectively downgraded the image of the U.S. in front of nations like India.
1. Australia
- Annual fees: $25,375
- Annual cost of living: $13,140
- Total annual cost: $38,510
Australia is the current most expensive nation for higher education in the world beating US by a margin of $2,805.
Australia is voted as the most favorable destination to study by 75 percent Indian students in spite of the racist attacks on Indians in the country.
Akshay Agarwal
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