Posted on 04/04/2011 3:10:45 PM PDT by Kaslin
In India, it is 4700 for 4 years including Food, supervision, and Boarding.
Before Americans scoff, these people are being hired left and right by Fortune 500 companies.
India could be the next great education outsource destination.
That is what it should costs, and would cost if the government got out of the business of paying for it and the schools actually had to compete for students.
Even better, we could keep all the Indians in India, and the Chinese in China and out of American Universities and that would lower the cost quite a bit. Supply and demand and all that.
bump for later
Freeeee college! Yeah, you betcha.
Except the only thing they’ll need to know by then will be how to speak Chinese.
The majority of the students from India and China were already hired by US Companies, they are going back to school to get either the same degree they already have or to get a similar degree.
Most of the cost of schools have to do with all the costs associated with advancing the schools gravitas related to research etc....
The cheap loans allowed the universities to overcharge the non-minority kids to provide "scholarships" to the minority students, most of whom never graduate.
As long as the federal government is involved in who gets loans and why, our economy and entire way of life will be forever screwed.
100-200k is just the tuition, books are extra.
How much is it worth to you?
Let me offer a brief anecdotal observation from someone who has been to college five times since 1974.
The first time around, college was difficult. Classes were tough. People “washed out.” The second time around, classes were somewhat difficult, and counseling was offered to those who couldn’t make it. The third time around, classes were easy, and no one really failed, so no one had to drop out unless they had financial problems. The fourth time around, classes were blindingly stupid, the professors were ideologues, and the only way you got less than an A was being a white male student.
In an interesting turn of events, I’m now earning a master’s degree online. The cost is one-fourth of the same courses at the University of Alaska - Fairbanks (number four on the list) and one-third the cost of the University of Oregon (number two on the list). The courses are moderately difficult, and since everything takes place online, there appears to be none of the skin color fetish I’ve witnessed at other colleges. The degree program is worth the $5,000 I’m paying.
Online college is a lot like homeschooling for elementary and secondary students. At the right institution, I’d recommend it.
Just my two cents.
My son saved a lot of money by attending community college, then finishing at an in-state public school for two years. With all the money he saved, he was able to afford a masters at a highly regarded private school.
“India could be the next great education outsource destination.”
India already is a growing source of outsourced medical care: surgeries there (performed by MDs just as qualified as US doctors) are 1/10 the cost.
When I got my BS in Microbiology 1980, an average, non-major, textbook cost $12-$15. At the time we thought that was excessive. All of my Microbiology courses at UNC were actually taught within the UNC School of Medicine, so you paid Medical School texbook costs. Those were exorbitant at $25.
Nowadays, with two daughters just out of college average textbooks go for in excess of $125 and up (and up and up). I haven’t a clue what Med School texbooks go for nowadays. I remember seeing the two volume set Texbook of Surgery going for an exorbitant $75 in 1980. I shudder to think what it goes for now. “sell the car honey, I need to get the Textbook of Surgery for next semester!!!”
Yes, but the lead doctors have all been to US Schools and had practices in the US. As this expertise is transfered to India, look for this to change as well.
The only difference, luxury and the long plane flight.
Undergraduates? Really? When was the last time you were on a selective university's campus.
And I don't care if they are visa holders who already have jobs and going for further education. That just means there's two reasons to send them back.
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