The most expensive country in the world to be a student has been revealed - but all is not as it seems
Share This Article:
The UK has been named as the most expensive country in the world to be a student. The research, published in the OECD’s Education at a Glance report, suggests that Higher Education costs more in the UK than it does in the United States, Japan, South Korea, Canada and Australia – as well as in every other country on the planet. The report revealed the average tuition fees paid by full time home students at public institutions in the academic year 2013 – 2014. The average tuition fee paid by UK students is $9,019, whilst in the US is it $8,202, Japan $5,152 and South Korea $4,773. The other countries identified as super-expensive for students were Canada, Australia, New Zealand, Israel, The Netherlands and Italy. If you’re thinking the UK at number one doesn’t sound quite right, though, you’d be onto something. There is a caveat to the OECD’s report, as it only takes into account public institutions. Whilst the overwhelming majority of universities in the UK are classed as public, the United States has a large amount of private institutions – including notoriously expensive and highly performing Ivy Leagues, such as Yale, Harvard and Princeton – which are excluded from the findings. The findings are revealed on UCAS deadline day – the final day when prospective students can submit their university applications for the following autumn – which is a nice little bit of scaring for all those 17 year olds who don’t exactly dream of the post-university debt mountain they’ll soon be facing. Still, take heart – at least you won’t pay back your crazily expensive fees until you earn £21,000. Every cloud... Find out more about university tuition fees here.
You might also like...
People who read this also read...
CONTRIBUTOR OF THE MONTH