Vietnamese spend billions of dollars on overseas study

Linh Pham 16:47, 2018/11/21

Up to 90% of Vietnamese students abroad pay full-fee for their studies even in the world’s most expensive countries.

Vietnamese people spend billions of dollars on studying abroad each year, mostly in the developed countries such as the US, Australia, the UK, and Japan.

Illustrative photo

Up to 90% of Vietnamese students abroad pay full-fee for their studies even in the world’s most expensive countries aforementioned.

As of 2017, the money which Vietnamese students paid for tuition in the US was more than US$1 billion, followed by Japan with US$990 million, US$914 million in Australia, and US$400 million in the UK.

In the US, the number of Vietnamese students amounted to 31,389 as of end-2017. Annual average expenses for a student in the US are around US$36,564, according to the Student and Exchange Visitor Information System (SEVIS).

In Japan, Vietnam ranks second in terms of overseas students with 61,671 in 2017, up 14.6% on year, the Japan Student Services Organization (JASSO) said.

Meanwhile, 23,000 Vietnamese students studying in Australia contributed 4.7% of total money that this country reaped from overseas students in 2017.

The last but not least, the UK remains one of the countries attracting a large number of Vietnamese students with 11,000 as of end-2017, according to the World University Ranking.

Thanks to better income, Vietnamese parents tend to send their children abroad for education while foreign-invested private schools in the homeland attract more students.

Many experts have raised voice about brain drain as many students choose not to return to Vietnam after graduation and urged the Vietnamese government to invest more in education sector. However, some others blame the poor educational programs for schools’ weak competition.

Comments

Other news

07:12, 2024/11/12

2024 International Youth Festival attracts 3,000 local and international youth

The 2024 International Youth Festival helped Hanoi’s youth connect and promote the city's culture and tourism to international friends.

21:50, 2024/11/11

Hanoi launches pilot project to integrate electronic health records into VNeID app

The system allows citizens to conveniently manage their medical histories and provides medical professionals with up-to-date information anytime, anywhere.