4 ms·

On the other hand, a typical state college is closer to $10,000. Yes, it's not Ivy League, but it does the job.

bilbo0s 8y ago
I wonder if 10 thousand is a lot for undergraduate education to a German, or Austrian, or French person? EDIT: Doh! Just checked the cost of undergrad in some of those nations. Umm, Yeah. I guess if I were a German or French guy, I'd likely find tuition levels in the US a bit outrageous.
- AlexTWithBeard 8y ago
  I know that German universities are generally free, while, for example, their UK counterparts charge around 10,000 GBP a year.
  - jdietrich 8y ago
    The tuition fee in the UK isn't really a fee at all, at least for most domestic students. In practice, it's more like a graduate tax. Student loans are only repayable if you're earning over £25,725 per year. Your repayments are 9% of your income over that threshold. Your loan is automatically forgiven after 30 years. Because of these terms, the vast majority of students never fully repay their loan. https://www.moneysavingexpert.com/students/student-loans-tuition-fees-changes/ https://www.moneysavingexpert.com/students/student-loans-tui...
    - Bombthecat 8y ago
      That's sad though. This means that most students never earn more than 25k per year, even if they studied..
      - petronio 8y ago
        Actually, if we assume the previously posted £10,000/year, and three years for a Bachelor's they'd have a £30,000 debt. Assuming no interest, since it's only the amount over £25,725 that's taxed they'd have to average £25,725+((£30,000/30)/.09), or £36,836.11, over 30 years to fully repay, which I think is a much more reasonable number outside of HCOL areas. I'm not sure if they account for inflation or have any fixed interest on the loans. 30 years without any would be pretty crazy.
        AQuantized 8y ago
        Interest rates vary depending on how much you earn. https://www.gov.uk/repaying-your-student-loan/what-you-pay https://www.gov.uk/repaying-your-student-loan/what-you-pay It's basically inflation + 3% if you're earning more than £45k/yr+.
        petronio 8y ago
        That makes a lot of sense, thanks.
        notahacker 8y ago
        They have above interest earnings for higher earners, and a lot of students take out loans of nearly twice the size to pay living costs, so a lot of people whose earnings average over £40k in 2019 money won't pay all their loans back either.
  - arethuza 8y ago
    Nitpick: you can't really generalize about education in the UK as Scotland has a completely different system to England and Wales (and I don't know about NI). For example, tuition fees at Scottish universities are "free" (i.e. paid for by the Scottish Government) for Scottish residents and people from other EU countries (but not the rest of the UK).
- deleted 8y ago
  [deleted]
- rch 8y ago
  In the Swiss system (as I understand it) it's about $600 to attend classes, but if you don't hit the minimum on the semester exams twice, then you're done in the country. If you miss it the first round then there is a massive incentive to transfer or find an easier program, otherwise you face the prospect of being forced to go abroad to complete a degree.
  - germinalphrase 8y ago
    Do you have any idea if this causes grade inflation to protect below-to-average, but otherwise responsible, students?
    - Foobar8568 8y ago
      I would tend to believe it does considering the people I work with from university like the EPFL. But more generally, it might be a today problem where people has to be hand carried to do anything with 0 critical thinking.
- tathougies 8y ago
  You'd probably also find the amount of amenities provided by universities ridiculous. I mean we had a free olympic pool and rented puppies to pet before finals. Its no wonder it costs so much
  - smueller1234 8y ago
    I found a stark difference in German and American higher education that the German higher education system treats you like an adult, including accountability for your own schedule, whereas in comparison American universities appear an extension of middle school. Carefully created and controlled curriculum, etc. That's in no way a statement about the academic merit in either direction, of course. This is very much aligned with the direct cost and services provided. Attending German universities is virtually free, and under certain conditions, the country will give you very cheap loans to pay for your living expenses. My spouse had a single digit number of thousands of Euros to pay back after graduating. PhD students are often underpaid employees and are treated that way (for better or worse) instead of being considered as and treated like students. This doesn't imply one is preferable to another, just that it is a continuation of treating them with and expecting a higher degree of maturity and independence. An upshot for me was that when I applied to my first industry job, the time as a PhD student was treated as work experience. So yeah, I think you're spot on in that many folks from continental Europe would find the amenities bewildering. :)
    - tathougies 8y ago
      Thats right. I had a similar experience as an american exchange student in london. The college didnt baby sit you and extra services cost money
- deleted 8y ago
  [deleted]
- orwin 8y ago
  Ten years ago in France, it was around 279€ and since my familly was in the lowest quintile, it was covered by the state. But i've hear that the true cost was in fact 3.8K€ per student, up to 7K per student if you count lodging. Or around 10K$. For "Elite" schools the upfront cost is between 7K and 15K, and you can add 2K for the true cost (paid in taxes, VAT or income) and 3k for lodging. I say elite but the best school in France for math is actually a public university (ranked 5th in the world or around that), and you can get this for almost free if your parents are poor.
ntsplnkv2 8y ago
State colleges vary widely in quality, though.
illirik 8y ago
Including room, board, and books, you're looking at something in the $20,000 range, and it varies a lot by state. If you live in Virginia, for example, undergraduate total cost of attendance for UVA is around $32,000 (https://sfs.virginia.edu/cost/18-19 https://sfs.virginia.edu/cost/18-19). EDIT: There is also the case where you may live in a state with insufficient opportunities for higher education. For example, neither of North Dakota's two public research universities (U of ND, ND State) rank inside the US News top 200, and both of those schools will still charge you around $20,000 per year. Germans or Brits will be able to receive subsidized educations at any university in their countries.
- nightski 8y ago
  I went out of state for university. But I do live in the ND/MN region and I can tell you I know an entire community of NDSU computer science students who graduated and now make over 6 figures. Sure they say it wasn't amazing, but it got the job done for really cheap. Also NDSU is only 7k per year in state before assistance. No idea where you are getting the 20k figure from. You'd probably have access to a better education at U of M in Minneapolis. But it's going to be quite a bit more expensive and I'm not sure it would have that large effect on your career.
- Spooky23 8y ago
  Move! I didn’t have the grades, legacy or extracurricular activities to get into the Ivy League. I could get into good engineering schools, but couldn’t imagine the debt or bankrupting my parents. So I went to a SUNY school, and everything worked out fine.
maxerickson 8y ago
Some of the best state schools (with huge endowments) are also trending downward in effective tuition.

I wonder if 10 thousand is a lot for undergraduate education to a German, or Austrian, or French person? EDIT: Doh! Just checked the cost of undergrad in some of those nations. Umm, Yeah. I guess if I were a German or French guy, I'd likely find tuition levels in the US a bit outrageous.

AlexTWithBeard 8y ago
I know that German universities are generally free, while, for example, their UK counterparts charge around 10,000 GBP a year.
- jdietrich 8y ago
  The tuition fee in the UK isn't really a fee at all, at least for most domestic students. In practice, it's more like a graduate tax. Student loans are only repayable if you're earning over £25,725 per year. Your repayments are 9% of your income over that threshold. Your loan is automatically forgiven after 30 years. Because of these terms, the vast majority of students never fully repay their loan. https://www.moneysavingexpert.com/students/student-loans-tuition-fees-changes/ https://www.moneysavingexpert.com/students/student-loans-tui...
  - Bombthecat 8y ago
    That's sad though. This means that most students never earn more than 25k per year, even if they studied..
    - petronio 8y ago
      Actually, if we assume the previously posted £10,000/year, and three years for a Bachelor's they'd have a £30,000 debt. Assuming no interest, since it's only the amount over £25,725 that's taxed they'd have to average £25,725+((£30,000/30)/.09), or £36,836.11, over 30 years to fully repay, which I think is a much more reasonable number outside of HCOL areas. I'm not sure if they account for inflation or have any fixed interest on the loans. 30 years without any would be pretty crazy.
      - AQuantized 8y ago
        Interest rates vary depending on how much you earn. https://www.gov.uk/repaying-your-student-loan/what-you-pay https://www.gov.uk/repaying-your-student-loan/what-you-pay It's basically inflation + 3% if you're earning more than £45k/yr+.
        petronio 8y ago
        That makes a lot of sense, thanks.
      - notahacker 8y ago
        They have above interest earnings for higher earners, and a lot of students take out loans of nearly twice the size to pay living costs, so a lot of people whose earnings average over £40k in 2019 money won't pay all their loans back either.
- arethuza 8y ago
  Nitpick: you can't really generalize about education in the UK as Scotland has a completely different system to England and Wales (and I don't know about NI). For example, tuition fees at Scottish universities are "free" (i.e. paid for by the Scottish Government) for Scottish residents and people from other EU countries (but not the rest of the UK).
deleted 8y ago
[deleted]
rch 8y ago
In the Swiss system (as I understand it) it's about $600 to attend classes, but if you don't hit the minimum on the semester exams twice, then you're done in the country. If you miss it the first round then there is a massive incentive to transfer or find an easier program, otherwise you face the prospect of being forced to go abroad to complete a degree.
- germinalphrase 8y ago
  Do you have any idea if this causes grade inflation to protect below-to-average, but otherwise responsible, students?
  - Foobar8568 8y ago
    I would tend to believe it does considering the people I work with from university like the EPFL. But more generally, it might be a today problem where people has to be hand carried to do anything with 0 critical thinking.
tathougies 8y ago
You'd probably also find the amount of amenities provided by universities ridiculous. I mean we had a free olympic pool and rented puppies to pet before finals. Its no wonder it costs so much
- smueller1234 8y ago
  I found a stark difference in German and American higher education that the German higher education system treats you like an adult, including accountability for your own schedule, whereas in comparison American universities appear an extension of middle school. Carefully created and controlled curriculum, etc. That's in no way a statement about the academic merit in either direction, of course. This is very much aligned with the direct cost and services provided. Attending German universities is virtually free, and under certain conditions, the country will give you very cheap loans to pay for your living expenses. My spouse had a single digit number of thousands of Euros to pay back after graduating. PhD students are often underpaid employees and are treated that way (for better or worse) instead of being considered as and treated like students. This doesn't imply one is preferable to another, just that it is a continuation of treating them with and expecting a higher degree of maturity and independence. An upshot for me was that when I applied to my first industry job, the time as a PhD student was treated as work experience. So yeah, I think you're spot on in that many folks from continental Europe would find the amenities bewildering. :)
  - tathougies 8y ago
    Thats right. I had a similar experience as an american exchange student in london. The college didnt baby sit you and extra services cost money
deleted 8y ago
[deleted]
orwin 8y ago
Ten years ago in France, it was around 279€ and since my familly was in the lowest quintile, it was covered by the state. But i've hear that the true cost was in fact 3.8K€ per student, up to 7K per student if you count lodging. Or around 10K$. For "Elite" schools the upfront cost is between 7K and 15K, and you can add 2K for the true cost (paid in taxes, VAT or income) and 3k for lodging. I say elite but the best school in France for math is actually a public university (ranked 5th in the world or around that), and you can get this for almost free if your parents are poor.

ntsplnkv2 8y ago

State colleges vary widely in quality, though.

illirik 8y ago

Including room, board, and books, you're looking at something in the $20,000 range, and it varies a lot by state. If you live in Virginia, for example, undergraduate total cost of attendance for UVA is around $32,000 (https://sfs.virginia.edu/cost/18-19 https://sfs.virginia.edu/cost/18-19). EDIT: There is also the case where you may live in a state with insufficient opportunities for higher education. For example, neither of North Dakota's two public research universities (U of ND, ND State) rank inside the US News top 200, and both of those schools will still charge you around $20,000 per year. Germans or Brits will be able to receive subsidized educations at any university in their countries.

nightski 8y ago
I went out of state for university. But I do live in the ND/MN region and I can tell you I know an entire community of NDSU computer science students who graduated and now make over 6 figures. Sure they say it wasn't amazing, but it got the job done for really cheap. Also NDSU is only 7k per year in state before assistance. No idea where you are getting the 20k figure from. You'd probably have access to a better education at U of M in Minneapolis. But it's going to be quite a bit more expensive and I'm not sure it would have that large effect on your career.
Spooky23 8y ago
Move! I didn’t have the grades, legacy or extracurricular activities to get into the Ivy League. I could get into good engineering schools, but couldn’t imagine the debt or bankrupting my parents. So I went to a SUNY school, and everything worked out fine.

maxerickson 8y ago

Some of the best state schools (with huge endowments) are also trending downward in effective tuition.