Universities in England are Most Expensive in the World- OECD Report 2015
European Countries are among top destination for Higher education. Specially, England is on the top priority for Students from all over the world. But, as per the recent reports, England is at the top with the Maximum Tuition fees structure. Students looking to pursue a university education in the United Kingdom in the near future may want to think again, after this new research has revealed it to be among the costliest countries in the world to study for a degree.
In accordance to this year’s Times Higher Education’s (THE) World University Rankings, travel money company FAIRFX has compiled a list of the cheapest and most expensive countries in the world to be a student, based on average annual tuition fees and living costs in the world.
More details for England World’s Most Expensive Universities:
There are more than 90 universities in England, out of a total of 110 in the United Kingdom Region. Universities in England have emerged as the most expensive in comparison with other major universities in the world.
The study by the Organisation for Economic Cooperation and Development (OECD) says:
- UK Universities are charging on an average 9,000 pounds a year, according to a recent study.
- The fees amount is two times more than institutions in Australia.
- And about six times more than the fees paid in Universities of Switzerland and Italy.
The next highest is the US, with fees of about 5,300 pounds followed by Japan on about 3,300 pounds, claimed the Paris-based organisation which comprises 34 mainly developed countries.
In its report, the OECD said: “As part of a plan to stabilise university finances, tuition fees in England sharply increased in 2012. In parallel, student loan-repayment conditions were improved in order to accommodate the increase in tuition fees. “As a result, the United Kingdom has moved from a system marked by low tuition fees and underdeveloped student-support systems to one that includes high tuition fees and significant public support to students.”
Other findings within the OECD’s annual ‘Education at a Glance’ report include that teachers’ starting salaries in England and Scotland are below average and among the lowest in Europe. Much of this is offset, however, by bonuses and allowances, which tend to boost salaries above the OECD average.
The report makes a specific reference to universities in England, and not all of the United Kingdom, fall into this expensive category as Scotland does not have the same high levels of tuition fees.
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