As often noted, water is one of the most critical natural resources in the world—one we must take care of so that future generations can enjoy safe water. This study specifically explores university-level water and environmental students’ views on perceived priorities on water. The recent debate on water policy and its complexity is first reviewed, followed by a study on how students perceived water through six predetermined criteria. Interactive learning events (n = 241) were arranged worldwide in 2011–2015 in seven countries and one region: Finland, Latvia, South Africa, Brazil, Mexico, Sri Lanka, USA, and Southern Africa region. The relative distribution of the criteria totaling 100% were as follows: Basic human right 31%, natural resource 25%, economic good 15%, public and social good both 11%, and cultural good 7%. The views did not substantially differentiate despite the different socio-economic conditions. Yet, basic human right should be interpreted wisely remembering environmental, economic, and other realities. Here, the target group consisted of water and environmental students, and it would be very interesting to conduct a comparative study among students in other fields (sociology, economics, etc.). On the whole, we should further analyze the value of water and its priorities to make it easier to manage water resources in the future.