The 11 most expensive countries for a university education

It's that time of year where we're full of festive cheer but have empty wallets.

For those at university, the thought of heading back to student poverty is a little back daunting over Christmas, especially in Britain and the US where tuition fees eat into most people's budgets.

Britain and the US are famous for high university tuition fees, but they actually don't top the list of places that parents spend most of their income on higher education for their children.

Online B2B supplier site Expert Market analysed tuition fee data from the Quacquarelli Symmonds (QS) Top Universities, for academic year 2014/2015 and the Gallup Median Self-Reported Income report data in 2013.

It found the UK and US are actually somewhere in the middle of the top 11.

The list, which is based on tuition fees for a standard bachelor's degree as a percentage of household incomes around the world, shows that some parents are willing to spend over 90% of their income on a standard bachelor's degree at public institutions for their kids.

Business Insider took a look and added updated info about country income.