Time is money: cumulative spending per OECD student

The UK spends $43,463 (£28,350) per student over the course of their higher education studies, data from the Organisation for Economic Cooperation and Development show

July 4, 2013

Figures in Education at a Glance 2013, published on 25 June, show how total spending per student (in US dollars and adjusted for purchasing power) varied by country in 2010. The UK spent one of the lowest total amounts, below the OECD average and behind Spain, France and the Republic of Ireland. This is partly accounted for by the shorter average duration of UK courses.

Of the countries for which data for both measures are available, the UK had the lowest average duration of tertiary studies – which include foundation work plus under- and post-graduate degrees – at 2.74 years. The US had a similar average duration at 3.17 years, but spent an average of $81,076 per student.

One of the longest average study periods was in the Netherlands (5.26 years), with correspondingly high spending ($90,269 per student).

Source: OECD, Education at a Glance 2013
Notes: For Belgium, the reference year is 2008. For the UK, the average duration of tertiary studies is estimated based on national data. Data for Hungary, Republic of Ireland and Switzerland refer to public institutions only

elizabeth.gibney@tsleducation.com

You've reached your article limit.

Register to continue

Registration is free and only takes a moment. Once registered you can read a total of 3 articles each month, plus:

  • Sign up for the editor's highlights
  • Receive World University Rankings news first
  • Get job alerts, shortlist jobs and save job searches
  • Participate in reader discussions and post comments
Register

Have your say

Log in or register to post comments

Featured Jobs

Most Commented

Monster behind man at desk

Despite all that’s been done to improve doctoral study, horror stories keep coming. Here three students relate PhD nightmares while two academics advise on how to ensure a successful supervision

celebrate, cheer, tef results

Emilie Murphy calls on those who challenged the teaching excellence framework methodology in the past to stop sharing their university ratings with pride

Sir Christopher Snowden, former Universities UK president, attacks ratings in wake of Southampton’s bronze award

Reflection of man in cracked mirror

To defend the values of reason from political attack we need to be more discriminating about the claims made in its name, says John Hendry

But the highest value UK spin-off companies mainly come from research-intensive universities, latest figures show