ENGINEERING BULLETIN

Australia is the most expensive place for an international student to go to university but it is not seen as the best place for a top quality education.

These were the findings of a survey of 5,000 parents from 15 countries which combined average course fees with the cost of living.

At the top of the table, it was estimated an international student in Australia would spend more than $42,000 each year on fees and supporting themselves.

In second place, students paid about $3,000 less each year to study in Singapore and they paid about $6,000 a year less in the United States.

However, only a quarter of the parents surveyed ranked Australia in the top three nations for education.

The research, conducted by global investment bank HSBC, found 70 per cent of surveyed parents hoped their child would undertake university studies and about 40 per cent wanted their child to study at postgraduate level.