I came across this new infographic that broke down some of the most popular colleges around the world and how much the tuition compares. I think this is really interesting, especially since we are dealing with exploding tuition prices here in the US. One of our biggest problems as a nation is the out of control costs associated with higher education. This massive increase in costs is just passed over the the student and typically in the form of student loans.
There is no mystery that when a student is in massive debt when they graduate, they are already behind the curve. Yes, they have a degree, but most of their decisions will be based on the debt burden that they carry with them. Most people are told that they need to have a high class education, but that is not so much the case these days. Your life goals should dictate where you go for your higher education or even if you get it.
Now, don’t get me wrong. I think a college education is very important. It helped me get where I am today, but my drive also put me here. I think my degree opened the door and my knowledge and drive to succeed pushed me through the threshold. It is all in how you look at it.
No matter where you fall on the education debate, I can say that everyone should look at all the alternatives when they are looking to go to college. I know that my good blogging friend Cat, from Budget Blonde, and her husband have been living in Grenada for a few years. They did this because her husband was going to medical school there. This was just an alternative to going to a medical school in the States. Smart choice! There are also a large number of online bachelor and online graduate degree programs to choose from.
Ok, now onto the infographic. I found this one very interesting. I didn’t know that Japan had a close range to what the average tuition is in the US. I also didn’t realize how much of a deal can be had in the UK depending on where you go. If you really want to go all out, then you could go to Germany. They have four universities in the top 100 and their average tuition rate is $933! Now that is awesome.
Take a look and let me know what you think. What sticks about about these numbers?