Posted on 02/17/2012 3:00:39 AM PST by fight_truth_decay
Carson Ross had a financial dilemma on her hands. When the New Yorker weighed her college options back in 2009, she could have picked destinations like Tufts in Boston or Washington University in St. Louis, and racked up what she estimated would be over $40,000 a year in tuition and fees. Or she could take a more dramatic step,head north to Canada for her education. That's exactly what she did.
"It's less than half of what I'd be paying at most top American schools," says Ross, now 21, who picked Montreal's McGill University majoring in international development studies. "It's definitely a load off my mind, that I'm not going to be bankrupting my parents or owing my soul to the banks for the rest of my life."
More students these days are thinking like Ross. Almost 10,000 American students are heading to Canada for higher education every year for the past five years, according to the Canadian Embassy in Washington, up from just 2,300 15 years ago.
That's the case even though the exchange rate is now close to par. A decade ago, the Canadian dollar sunk to barely more than 60 cents U.S., making cross-border education a screaming bargain. These days when private four-year colleges in the United States cost an average of $28,500 a year in tuition and fees, according to the College Board – and many much more than that – it still can make sense for U.S. students to look across the border.
(Excerpt) Read more at thefiscaltimes.com ...
"Pew Research Center study suggests that 57 percent of Americans think college is of only fair or poor value for the money. And three quarters argue that college is too expensive for most Americans to afford."
"There is a simple answer to such concerns: Shop around for a better deal. If junior is willing to travel a little bit further -- to colleges overseas -- the world offers some incredible bargains for quality tertiary education, with the option of free language and culture immersion thrown in. Tuition costs for foreign students at some of the best universities in Asia, Europe, and Africa can be as low as $4,000, well below half the median cost of college in the United States."- OutSource Your Kid BY CHARLES KENNY | JANUARY 30, 2012 Foreignpolicy.com
Cost of Studying in Germany, Living Costs, Tuition Fees For Study in Germany
My neice started McGill last year and loves it. And here parents have absolutely no need to save money.
Isn’t this mooching off the Canadian taxpayer, because universities in Canada are State-funded?
One of mine has a master's degree in engineering, the other is getting a bachelor's degree in nursing and, possibly, a medical degree after that. What am I looking at in the US for that? Two or three hundred thousand? These two will probably end up with less than $20,000 in debt each when they are finished.
Other foreign students are working for example in New England for the summer tourist traffic-restaurant servers, hotel staff, supermarkets etc, saying they make much more in the US than in their home country; then at the end of the summer they return to Canada to college. They are polite and go out of their way to serve the public.
It just has not caught on here yet..but will. We always think we have the best but cost is way out of control, education has become a political recruiting house for the Left.
Meanwhile Canadians are coming down to the US, take New England again, for an example; to do their spending as get more for the money.
With the pipeline [which the House has a bill now to over ride the President-great move!] provides more jobs for our northern neighbor and $$$$$$ for their programs.
Jobs are outsourced so education might just as well be to follow where the jobs are, adopt language skills from living abroard-engineering etc which you mentioned will find a job anywhere in the world. Quite common now for young adults to pick up and move to other countries to pursue their dreams and careers or are taking overseas opportunities offered by US companies. The world is changing just like when pioneers went West, gold mining, building the rr. Now you can just jump on a plane.
“Jobs are outsourced so education might just as well be to follow where the jobs are, adopt language skills from living abroard-engineering etc which you mentioned will find a job anywhere in the world. Quite common now for young adults to pick up and move to other countries to pursue their dreams and careers or are taking overseas opportunities offered by US companies”
Our son has done just that. He’s working in Seoul now and looking at getting his Masters in Australia. The world has shrunk.
He, he, he, he, he. The sole comment at the bottom of the article reads: “what the hell is international development studies?”
That would be my question, too.
The extension of unemployment benefits was said today by “some politician” that some will put off making the decision on whether they may have to move to find employment-I know of one person “employed” that said he would always stay within a 10 mi radius—its the attitude of the job coming to them; and I am not talking city, I am talking small NE towns so the choice is extremely limited. But then some have grown up in one place-childhood into adulthood. There is no sense of adventure; afraid to leave the safety of their environment and when they do step out of their comfort zone, they need someone to accompany them in travel-drive, fly. Those same people just accept what comes their way-and more likely would vote for politicians like Obama.
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