“Unless you are very wealthy, you will pay a fraction of that so long as your grades remain good. Duke has a huge endowment.”
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I guess you’re talking scholarships?
That’s good to know, that students don’t leave with $200K in bills.
In general, universities in the U.S. are so expensive, though. My son was looking into a U.S. college, and it was just prohibitive, particularly given the exchange rate.
The schools here are much less expensive. Even McGill (the “Harvard of the north”), in Montreal, is around $4K - $5K.
We are paying for his tuition; we don’t want him to graduate with debt.
I am still paying for my student loans (was a “professional student”, LOL!. U of IL, Northwestern, U of Chicago and U of Colorado law school in Boulder).
Why are the tuition fees so high at U.S. schools? (even at public universities, AFAIK).
I work for a university so I am not a good person to ask. But generally, they cost as much as the market will bear.