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7. University of Melbourne, Melbourne, Australia – $30,000
Ranked first among Australian universities and 14th worldwide, the University of Melbourne opened in 1853 and is known for its outstanding research and teaching programs. Research at this university in the 1970s led to the cochlear implant, better known as a bionic ear, giving more than 800,000 patients worldwide their hearing back.
With 52,000 students enrolled in 2023 (41% international), the outlook for employment upon graduation is excellent, ranking 8th worldwide.
Notable alumni include former Australian Prime Minister, Julia Gillard and world-famous Australian actress, Cate Blanchett. There is no argument that The University of Melbourne is the most prestigious university in Australia.