Anyone would agree choosing a foreign study destination is a difficult job. You need to weigh so many factors before you arrive at a final decision. Of course, cost and employability top the list. Duration of the course, quality of life and part-time work opportunities also influence the decision. We bet you look for a one-stop shop where you can get all these info – impartial and authentic.
Hotcourses India offers one such great opportunity for parents and students. Our parent company Hotcourses conducted a study on the cost of education across six popular study destinations - Australia, New Zealand, UK, US, Singapore and Malaysia; then factored in a selection of day-to-day living and student wage figures. The results can help you weigh up the overall costs of a degree in each of these popular study destinations.
The study throws light on the minimum and maximum average tuition fee range for both UG & PG courses. It also talks about the average cost of day-to-day expenses like food, accommodation, travel and entertainment. Last but not the least, the study answers the all important question of how much a student can earn per week through part-time jobs.
Hotcourses India's View
Mike Elms, founder of Hotcourses, had this to say about the comparison: ‘Quality and cost are always the two most important factors mentioned by international students when selecting a destination to study abroad. The UK and USA have always done well in terms of perceived education quality, however Asia is proving powerful competition offering degrees taught in English at a fraction of the overall cost.’
Future earning can be influenced by the reputation of the university you choose, so a short-term investment in an expensive degree from a prestigious institution can reap dividends in the long-term. It’s important for students to weigh up the cost overall, alongside a consideration of where in the world they want to be.
We hope this information will be helpful to anyone thinking of making the most out of education investment abroad. Let us know what you think in the comments section below!