Is it better to send my child for a bachelor's degree or a master's degree abroad considering visa and cost benefits in New Zealand?
A master's degree abroad, especially in New Zealand, generally offers stronger visa and cost benefits compared to a bachelor's.
- Visa advantage: Master's graduates can access the Post-Study Work Visa (PSW), allowing up to 3 years of work in New Zealand after graduation - an option not always available for bachelor’s students.
- Cost: Tuition for a master's is typically higher per year (NZD 26,000 - 40,000) than a bachelor's (NZD 22,000 - 35,000), but bachelor's programs last longer, leading to higher total costs.
- Living expenses: Expect NZD 1,200 - 2,000/month, varying by city.
Overall, a master's degree can provide better post-study work opportunities, though total costs may be higher.
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