Wednesday 6th December 2017
THE GLOBAL OUTLOOK FOR INTERNATIONAL HIGHER EDUCATION STRENGTHENS
Thirst for cross-cultural experience drives increased interest in attending university abroad
- Parents in Asia are the most likely to consider a university education abroad for their child
- The USA, Australia and the UK are the top destinations for going to university abroad with the USA welcoming over one million international students
- Globally, parents estimate a full higher education abroad would cost USD157,782
According to new figures released from Higher and higher, HSBC’s latest report in The Value of Education series, globalisation of higher education shows no sign of stalling. The study of over 8,000 parents across 15 countries and territories found that more than two-fifths (42%) would consider sending their child to university abroad, compared to 35% in 2016 – a seven percentage point (pp) increase.
Asian countries are among the most outward looking with four of the top five countries where parents are considering a university education abroad for their child being India (62%, +15pp), Indonesia (61%, +1pp), China (59%, +15pp), and Hong Kong (52%, -2pp).
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