Why More Students Are Leaving the U.S. for College Forty universities in Europe offer English-language bachelor's degrees to American students for an irresistible price: free. "When Michael Ferrante, a 21-year-old college senior, returned to Baltimore to finish school after studying in Berlin for a year, he had only one regret—not having applied to college in Germany in the first place. "It was infinitely cheaper to study in Berlin," said Ferrante, who graduated from Johns Hopkins University with a degree in German Language and Literature. In high school, he had planned on studying in Germany, but he applied to U.S. colleges because he was more familiar with American schools. "I feel like most Americans don't think of Continental universities as having the same academic rigor as top-flight American universities," he said, "But based on my experience in Germany, it's just a different kind of rigor." It's also a different price tag. Ferrante said he paid $500 for two semesters at Humboldt and Die Freie Universität in Berlin and spent roughly $27,000, with financial aid, for the same amount of time at Hopkins. More American students are choosing to study abroad. In the 2013-2014 school year, the number of U.S. students studying abroad was 72 percent higher than it had been in 2000-2001, according to a report from the Institute of International Education. Many students are choosing to go further than a one-semester break and attend all four years of college in a foreign city. The number of students enrolled in college outside their countries rose 463 percent from 1975 to 2012, said a report last month by Moody's Investors Service. International students in the U.S. have grown by 70 percent since 2005, according to the report..." http://www.bloomberg.com/news/articles/2016-03-22/why-more-students-are-leaving-the-u-s-for-college
Or if you want to develop critical thinking ability, good judgement, and writing skill. You can steal more money with a pen than a gun.
I don't think I can agree. In the US, education is not a relatively free market like housing. There is one big payer whose contribution dwarfs everyone else's. And the powers that be don't want to change this because it creates an elite club, a priesthood that excludes other people, and it allows the members of the club that are professors to be paid exorbitant salaries. The price of education will wax and wane, but may eventually become more like a collectible such as fine wine or art: the market contains few purchasers, but they are well-heeled, so the sky is the limit.
It's a bit more nuanced...Those who pay "full freight" subsidize those who pay next to nothing (or nothing at all)...This same model applies to private secondary schools as well...Of course, this means that alot of costs are hidden away, out of plain sight...Whereas 20-30 years ago a private secondary school might have had 1-2 admissions officers and some support staff, now you will find 15-20-30 employees who have overlapping responsibilities (just alot more fluff, IMO) but much of it is maintained to hit up those same parents that pay the full cost for more "fundraising" because it's not enough to spend 15-30k a year for a private school...Of course, multiply this by 10-20-30x to approach what the university system employs for said purpose...
I get a good laugh out of his stump speeches about all the freebie's he promises his voters...I thought some of the stuff I heard eight years ago was "pie in the sky" but Bernie takes it to a whole new level
The price of a place like Harvard is inelastic. Those with means will pay whatever the cost even if it is $1M per year. Charging $1M a year, the economic diversity or the academic qualifications of the student body might not be drastically impacted. http://www.forbes.com/sites/pascale...ensive-is-actually-dead-obvious/#66a3ec7d7e2f