A HSBC team compared average annual fees and annual cost of living in the 13 major study abroad destinations.
In the study, 'fees' represent the average tuition cost for international students based on the top 10 largest institutions in each relevant country; this information was sourced from individual institution data.
Australia is the most expensive country for overseas students to study in, according to research from HSBC. The combined average cost of university fees and living expenses in Australia puts the average cost at more than USD38,000 per year for international students.
But not all developed markets charge high fees. International students studying in Germany pay an average of just USD635 a year for tuition fees, plus a further USD5,650 in living costs. This makes an annual total of USD6,285, one sixth the cost of studying in Australia. In Japan, while fees are relatively modest, high living costs push up the overall studying bill.
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