Analysis of the cost of international education in selected countries / Ershad Ali , Geetha Subramaniam

© University Publication Centre (UPENA) and Institute of Business Excellence 2180-2777
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ANALYSIS OF THE COST OF INTERNATIONAL EDUCATION IN
SELECTED COUNTRIES
Ershad Ali
Auckland Institute of Studies, New Zealand
Geetha Subramaniam
Universiti Teknologi MARA and Victoria University of Wellington, New Zealand
Abstract
This paper examines the cost of education for international students in selected
countries: New Zealand, Australia, USA, UK, Canada and Ireland. These countries
export education since long and each one is a competitor for another one. The
study defines the cost of education as the total cost that a student has to bear for
obtaining a degree. Total cost includes annual tuition fee, living cost, and other
costs such as insurance premium. The study collected data from official data
sources of the respective countries. The study compared costs and found that cost
of education is varied for a specific program from one country to another. It is also
varied from one university to another within a country. However, the most costly
education is in USA while the cheapest one is in New Zealand. The findings of this
study might be useful for researchers, policy makers and educationists.