In this article, we discuss the 5 countries with the highest cost of education. If you want to read about some more countries with the highest cost of education, go directly to 20 Countries With Highest Cost of Education.
5. Indonesia
Average Annual Tuition Fee: $2,316
Average Annual Wage: $9,456
Percentage of Wage Spent on Tuition: 24.5%
One of the most populous countries in the world, Indonesia has around 3,000 higher education institutions spread across the nation. It is a popular destination for international students since the cost of living in the country is cheaper compared to other nations in the region. Famous local colleges include Bandung Institute of Technology, University of Indonesia, and Gadjah Mada University. The country had just ten colleges in 1950, a fact that better illustrates the dramatic strides the education sector has taken since then.
4. South Africa
Average Annual Tuition Fee: $3,862
Average Annual Wage: $15,732
Percentage of Wage Spent on Tuition: 25.5%
South African universities are not only some of the best in the world in terms of academic qualities, but also offer multicultural communities, sports clubs, and an international student support system that make them attractive student destinations. These colleges attract talent not only from Africa, but also other parts of the globe. Prominent colleges include the University of Cape Town, University of the Witwatersrand, and Stellenbosch University.
3. Russia
Average Annual Tuition Fee: $3,780
Average Annual Wage: $14,771
Percentage of Wage Spent on Tuition: 25.6%
Russia is the largest country in the world. It is based in two continents and has nine time zones. It is also one of the most expensive student destinations. Close to a thousand universities in Russia offer programs for study. Over 200,000 international students are already studying in the country. Some of the big colleges in the nation include Moscow State University, National Research University Higher School of Economics, and St. Petersburg State University.
2. Jamaica
Average Annual Tuition Fee: $8,055
Average Annual Wage: $29,576
Percentage of Wage Spent on Tuition: 27.2%
Jamaica is a surprise inclusion in the list of countries with the highest education cost. It is a tiny Caribbean island with a literacy rate of almost 90%. The cost of tuition is disproportionately high compared to average wages, but the popular tourist nation continues to attract top students from across the globe. Some of the top universities in the country include University of the West Indies, Northern Caribbean University, and University College of the Caribbean.
1. United States of America
Average Annual Tuition Fee: $27,091
Average Annual Wage: $77,463
Percentage of Wage Spent on Tuition: 34.9%
The United States of America is the most popular and the most expensive student destination globally. Colleges in the US rank among the top in the world in terms of academic prowess, attracting top teachers, students, and boasting cutting-edge research facilities. Some of the famous names include Massachusetts Institute of Technology, Harvard University, Stanford University, and University of California Berkeley.
You can also take a peek at 15 Largest Education Companies in the World and 10 Best Education Stocks to Buy In 2022.
