A new research has showed that the UK is one of the most expensive countries in the world for studying.
According to a study by HSBC, the average cost for an English student to attend a UK university in 2012/13 stands at 15,586.96 pounds, which includes the average tuition fees of 8,894 pounds and living costs of 6,692.95 pounds.
AdvertisementOnly Australia, the US and Canada are more costly for education than Britain, the Daily Express reports.
In total, it would cost an English student 15,670.79 pounds to attend a Canadian university in 2012/13, including the price of tuition fees, living costs and flights. For the US the average cost would be 19,609.97 pounds and for Australia it would be 19,986 pounds, the study said.
According to the paper, the other countries examined - Denmark, Finland, France, Germany, the Netherlands, Norway and Sweden - were all found to be cheaper.
"While many people have focused on English-speaking destinations, our research shows that these are among the most expensive places for English students to study," James Yerkess, HSBC head of foreign exchange said.
"With studying costs in Europe falling, the continent should be given serious consideration. Many universities offer courses taught in English and the benefits of speaking another language may add to students' employability after graduation," he added.