4 ms·

Without addressing the actual money involved this will be not complete: > EU students: €19,000 for 3 years > Year 1: €3,500 > Year 2: €7,750 > Year 3: €7,75

• nbernard 3y ago
  You took the wrong column (the amount to be repaid is €31,000) but your point remains valid. (Moreover, it is often paid by the employer who wants to recruit a student just after graduation.)
• kpw94 3y ago
  The source I posted has the exact amounts > As of today, the total amount to be repaid is set at > €21,000 for students who have chosen to join a government body for Year 4 > €31,000 for students who have not chosen to join a government body for Year 4 Such amount is not as insignificant in a country with high taxes and where peers in university have like $100/year tuition, it's not super high either (maybe 4-6 months of after tax salary for an entry level position) But I didn't bother posting is as i think it's not relevant. IIT could set that amount at 1 rupee, or 1 lakh, or 1 crore. There's a threshold where this switches from "that's fair you're repaying tuition" to "oh now you're adding a steep penalty" It's complex to set the right value: too high and you're forcing your graduates to choose a high paying job or a government job, but you're killing their chances of startup creation. Too low and IIT is leaving money on the table.