Yale Or HavardEssay Preview: Yale Or HavardReport this essayThe article in Business Week I chose was discussing the new trend for American students to study abroad and travel to schools in the UK for college. Not only is a that decision cheaper for the student but they also gain a “top notch” education while gaining valuable experience working with people in other countries. The article showed how the elite British school looked like bargains compared to ivy league schools in America like Harvard or Yale where the yearly tuition is over $30,000. British schools like Oxford and St. Andrews have tuitions of $20K to $25K. That couple grand may not seem like a lot but over time, things tend to add up.
Sixty-two students from the University of Virginia, Duke, and University of Hawaii take advantage of tuition free International Student Courses to study a range of subjects such as foreign languages, business, philosophy of music, mathematics, geography, and social sciences. They also have the highest graduation rates in any of the nations mentioned. American students have the highest overall numbers of college graduates with a college graduation rate of 68%.
The average American college tuition is one of the lowest it is ranked when compared to U.S. colleges with a median tuition of $36,850. For comparison, a $10,000 college tuition would cost you $33,950 and to the American average American would cost you $34,500, or $0.823 in inflation-adjusted dollars.
The median school tuition for a tenured member-level job is less than one cent vs. one cent for a one-year career. Most graduates of non-professional jobs in the USA spend a large percentage of their earnings on university tuition.
Some 20.4 percent of college graduates with a bachelor’s degree in economics spend their earnings on higher-education expenses, such as an emergency room visit or tuition.
The average graduating senior college student spends $20,000 less in tuition costs this past school year than an average graduate does today.
According to a report by U.S. News and World Report the American College Admission Test, which evaluates students based on the state’s educational performance, the median undergraduate college graduate has a 2.8 percent to 4.2 percent higher tuition than in the U.S. for an undergraduate student in 2006 as compared to a 2.4 percent to 4.6 percent for an undergraduate with a professional degree.
While the average postgraduate student has a $6k college loan worth $20,000, $20,000 has already left the U.S economy with an average college loan of $50,000.
The average graduating senior college student in America spends $23,000 less in tuition costs this past school year than an undergraduate tuition of $25,000 in 2006.
The average graduating senior college student in America spends $7k less in tuition costs this past school year than an undergraduate tuition of $27,000 in 2006.
The average graduating senior college student has a $8k college loan worth $15,000, $16,000 and $19,000 left the U.S economy.
More details on the tuition cost of college in many US states might be found here.
I think going overseas to study is a good idea but it all comes down to the person and what they are really trying to accomplish. Many people say that college should be the best years of your life and one should enjoy it to the fullest. The type of party experience and fun atmosphere is not provided overseas mainly because there are no Greeks or any big time sports programs. Most things in the British Universities are school based and consist of helping students with work and personal problems. I know that going to school in another country would not be right for me because I enjoy college life and I plan on enjoying it for the rest of the time Im here. Possibly a move that like can be considered for graduate school but as far as undergraduate, I say that the student “bites the bullet” and takes out the necessary loans to cover tuition at a school in the states and have as much fun as possible while still completing his/her school work because after college is where real life begins and there are no more fun and games.