Uni costs among world's highest
Brendan O'Keefe and Louise Perry
April 16, 2005
UNIVERSITY study in Australia is among the most expensive in the world.
Australia came in 12th, just above the US in a 15-country survey that ranked national tertiary education systems according to their affordability.
Australian university students must find an average $14,247 a year to meet education and living costs, making Australia the fourth most expensive place to study, found the US and Canada based Educational Policy Institute.
On a total affordability ranking, the net cost is equivalent to 31.5 per cent of GDP per capita.
The EPI said the rankings of Australia, Canada (11th) and the US (13th) were offset by relatively high student aid and better national incomes. The average Australian government grant would knock $1858 off that cost.
In The Netherlands, grants are universal, meaning all students receive government help, at an average of $5361.
The US Government pays students an average of $5437 but the highest grants go to students from poor backgrounds.
Monash University higher education expert Simon Marginson said the survey was "grounded and transparent".
"It is likely that (Australia's position) has worsened in 2005, with the rises in HECS and the spread of full fees, though this has been partly balanced by the raising of the HECS/Fee-help repayment threshold to $35,000," he said.
The affordability survey ranks nations according to education costs, living costs, out-of-pocket expenses and the availability and size of government grants, tax breaks and loans.
It found that raw education costs, for tuition and ancillary fees and the cost of books and other study materials, totalled $5170 a year for students in Australia.
The most expensive was the US, where education costs were $12,972 a year. Japan was close behind at $11,140.
Students in Finland shell out just $367 a year.
Australia is also the third most expensive country for living costs.
Students have to find $9077 to live in Australia. Britain ($11,618) and New Zealand ($10,193) are the only surveyed countries more expensive.
The Flemish part of Belgium is cheapest, at $5598.