If you’re a student looking for opportunities to study abroad, you may also be wondering which countries offer the highest pay rates. With the cost of living increasing every year, high salaries are more important than ever, especially if you plan on working while studying.
As it turns out, there are several countries where can students earn the most. In this blog post, I will explore some of the highest paying countries for students, grab a cup of coffee and let’s dive into it!
If you are looking for ways to make extra money, I wrote a whole article discussing the 17 proven and effective ways students can safely make money online without investment.
1- Switzerland
Switzerland is known for its high quality of life, breathtaking landscapes, and top-tier universities. It is also one of the highest paying countries for students.
According to a survey conducted by Talent.com, students in Switzerland earn an average of CHF 28 (approximately USD 32.66) per hour (Source: ), which is significantly higher than the minimum wage in the United States, which is currently USD 7.25 per hour.
Additionally, Switzerland has a low unemployment rate, which means that students have a better chance of finding part-time work while studying.
Moreover, Switzerland is known for its high cost of living, but it also offers some of the highest average wages in the world. The country has a well-respected education system, with prestigious universities like ETH Zurich and the University of Geneva, making it an ideal destination for international students.
2- Australia
Australia is a popular destination for international students, and it’s not just because of the beautiful beaches and laid-back lifestyle.
According to the Fair Work Ombudsman, the minimum national wage in Australia is $21.38 per hour or $812.60 per week. However, keep in mind that this can vary depending on the industry and the type of work, but it is still significantly higher than in many other countries.
Australia also has a relatively strong economy and a low unemployment rate, so students have a good chance of finding work. In addition, Australia’s natural beauty, excellent healthcare system, and diverse culture are just some of the many reasons why students choose to study in Australia.
3- United Kingdom
The United Kingdom is home to some of the most prestigious universities in the world, including Oxford and Cambridge. It is also one of the highest paying countries for students.
Students in the UK earn an average of GBP 8.91 (approximately USD 11) per hour, which may not seem like a huge amount, but it is important to remember that the cost of living in the UK is higher than in many other countries.
Plus, the UK has a strong economy and a high demand for workers in certain industries, so students have a good chance of finding part-time work.
4- Canada
Canada is another popular destination for international students and for good reason. According to NerdWallet, the minimum wage for students in Canada is about $14.60 per hour, depending on the province, making it an attractive destination for students looking to earn some extra cash while studying.
Furthermore, Canada is known for its friendly people, quality of life, welcoming culture, strong economy, excellent healthcare system, and low crime rates, making it a great place to study and work.
Canada has many highly regarded universities, such as the University of Toronto and McGill University, making it a popular destination for international students.
5- United States
The United States has a reputation for being an expensive country, but it also offers some of the highest wages for students. The average hourly wage for students is around $7.19 to $11.15, depending on the state (Source: Payscale)
The United States has many prestigious universities, such as Harvard, MIT, and Stanford, which attract students from all over the world. Moreover, the United States is also known for its diverse culture and opportunities for international students to network with professionals in their field.
6- Singapore
Singapore is a small city-state in Southeast Asia, but it is a major player in the global economy. It is also one of the highest paying countries for students.
According to Glassdoor, students in Singapore earn an average of SGD 1,800 per month. For most people, this may not seem like a lot, but the low tax rates in Singapore and the high demand for workers in certain industries make it an attractive destination for students.
Singapore is also known for its safety, cleanliness, and multicultural society, making it a great place to study and live.
7- Germany
Germany is known for its excellent education system, and the country offers relatively high wages for students. The average hourly wage is around $10 to $12, depending on the region.
With top-notch universities such as the Technical University of Munich and Heidelberg University, Germany is an attractive destination for students who want to earn a living while studying. The country is also known for its beautiful landscape, diverse culture, and affordable cost of living.
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Closing Thoughts
Studying abroad is an exciting opportunity, and if you’re looking to earn a decent living while you’re at it, these five countries are excellent choices. Switzerland, Australia, the United States, Canada, and Germany are all known for their high wages and well-regarded education systems.
Keep in mind that there are many factors to consider when choosing a country to study in, including the cost of living, visas, and the availability of part-time jobs.
But no matter where you decide to study, I encourage you to prioritize your education, make the most of your experiences, and have fun along the way.