4 ms·
$7k per student per year is definitely not outrageous cost -- when adjusted by purchasing power parity, it seems on par with the costs of European schools. Wha
by xyzzyz 9y ago
$7k per student per year is definitely not outrageous cost -- when adjusted by purchasing power parity, it seems on par with the costs of European schools.
What is outrageous though is that unlike in most of the Europe, students actually have to pay for it themselves. There are around 20 million university students in the US. If every school charged less than $10k tuition per year (which is totally doable in principle, which can be seen by comparing European schools cost), it would require $200B to cover that. US government is already providing $80B to support students pursuing higher education, and remaining $120B is only 20% of military budget.