Australia on top regarding total costs for studying

HSBC, an international banking organisation has examined study costs in 13 countries in terms of tuition and overall living costs to determine the most expensive countries to study in.

Their results indicate that Australia is with a relatively clear margin the most expensive country to study in – topping the list for both highest tuition fees as well as highest living costs. Australia is followed by US and UK in the list of most expensive countries, but the costs for studying in UK are over 20% lower than in Australia – from over 38,5 thousand dollars down to just over 30 thousand annually. It should also be noted that tuition fees in United Arab Emirates are also above those of UK, despite recent considerable increases in UK.

With a clear margin the cheapest country to study in is Germany, where average annual tuition is 625 dollars, and living costs account for 5650, about 40% of those in Australia.

Average cost of studying in 13 countries (Source: HSBC.com)

Average cost of studying in 13 countries (Source: HSBC.com)

Read the whole review here.