The U.S. is the world’s second most expensive country for international students, according to new research from
Between university fees and living expenses, foreigners wind up shelling out more than $35,000 per year for an American degree. That price tag nearly doubles for students enrolling at Ivy League schools, where they'll spend more than $58,000.
We beat out both the U.K. ($30,000/year) and the United Arab Emirates ($27,000).
The only country more expensive than the U.S. is Australia, where, according to HSBC, international students will spend $38,515 per year thanks to the growing strength of the Australian Dollar.
So, where can international students get the most bang for their buck?
Unsurprisingly, Germany is a steal for out-of-towners, costing just $6,285 USD per year. Germany is a rare case, given that most of its 16 states offer free
Check out the table below to see how other countries ranked.
Table: Average annual cost of Studying Abroad for International Students
|
Country |
Annual Fees |
Annual Cost of living |
Annual Total |
|
Australia |
$25,375 |
$13,140 |
$38,516 |
|
United States |
$25,226 |
$10,479 |
$35,705 |
|
United Kingdom |
$19,291 |
$11,034 |
$30,325 |
|
United Arab Emirates |
$21,371 |
$6,004 |
$27,375 |
|
Canada |
$18,474 |
$7,537 |
$26,011 |
|
Singapore |
$14,885 |
$9,363 |
$24,248 |
|
Hong Kong |
$13,182 |
$9,261 |
$22,443 |
|
Japan |
$6,522 |
$12,642 |
$19,164 |
|
Russia |
$3,131 |
$6,310 |
$9,441 |
|
China |
$3,983 |
$4,783 |
$8,766 |
|
Taiwan |
$3,270 |
$4,987 |
$8,257 |
|
Spain |
$1,002 |
$6,004 |
$7,006 |
|
Germany |
$635 |
$5,650 |
$6,285 |
In US$ per year