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Everyone, if you'd like to see how the baby-boomer generation scared my generation and previous generations into college no matter what the cost, go to a site call collegeconfidential.com, and go to the forums.
Those kids think that if they don't get into Harvard, it's the end of the world and they will be forced to be poor!
College costs have gone up faster than the rate of inflation, primarily because the way they are managed leaves little possibility for productivity gains but many opportunities for wasteful programs and operation.
Universities are very slow to respond to market influences so I would expect the first reaction to reduced enrollment will be increased tuitions.
Unless you want to go to an "ivy" league school, most schools are running under $10,000 per year for residents of the state the school is in. In my opinion that is not that expensive. You have a degree in 4 years, perhaps $40,000 in student loan debt. If you picked a decent field and did good in school, you should easily be able to land a job that allows you to pay off that loan in 2-3 years.
In CA, the UC system tuition is $7,500 so if you can get into schools like Berkeley, UCLA, UCSD, UCSB or UCI it's a STEAL! The Cal State (CSU) system is even lower in cost at around $3,500 that's schools like Cal poly pomona, Cal poly slo, Cal State hayward, SDSU. Coummity college is $26/unit here, so something like $600 a year, all pretty affordable if you ask me.
Do they have residence requirements in those countries? How does that work? I mean, can anybody just go over and study at their universities?
I think they don´t, however there has been such an increase in the last years that the Swedish Government plans on harden the quotas.
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