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World's Most Expensive Universities Revealed

14/08/2013 15:26 BST | Updated 14/08/2013 15:31 BST

Hold to your Fosters - Australia has been named the most expensive country in the world to study in with international students forking out a whopping £27,000 per YEAR for the pleasure.

That means for a standard three year course, you're looking at nearly £100,000, making the UK's £9k per year look like mere pocket money.

SEE ALSO: 15 Of The World's Most Beautiful Universities Revealed

The USA came second in the study by HSBC, while the Germans are doing pretty well at charging a mere $635 a year for tuition fees - bring on the bratwurst, we say.

Spain comes in second cheapest, at $1,000 a year, while the UK ranks third. Shame on you, UK.

World's Most Expensive Universities

Malik Sarwar, HSBC’s Global Head of Wealth Development said: “With rising affluence, particularly in developing markets, and an increasingly competitive workplace that demands quality skills and a global outlook, we expect appetite for international education to continue to grow.

most expensive universities

"Even though the market for higher education remains segmented and therefore mispriced at an international level, the cost is going up everywhere as government subsidies are rolled back.

“Those who wish to educate their children overseas have to factor in tuition fees, living costs, exchange rates and inflation. There is a need for parents to ensure their children’s education forms an important part of their financial planning.”