by From David Ruccio Back in 2011, thousands of Chilean students participated in protests against the high cost of higher education. The most famous took place in front of La Moneda, the president’s palace, dancing to Michael Jackson’s “Thriller.” According to the latest statistics from the OECD report, “Education at a Glance 2017,” the costs of a college education in Chile were still very high in 2015-16. But they’re still not as high as in the United States, where it costs more to go to college than anywhere else in the world. Of the 35 member countries in the OECD, the United States has the highest average tuition at both public and private colleges, for Bachelor’s as well as Master’s degrees. Average public tuition in the United States for a Bachelor’s degree is ,202 annually,
Topics:
David F. Ruccio considers the following as important: Uncategorized
This could be interesting, too:
Stavros Mavroudeas writes Το ψηφοδέλτιο της ΑΝΤΑΡΣΥΑ-Ανατρεπτική Συνεργασία στις ευρωεκλογές
Editor writes Real-world economists take note!
Editor writes Water Flowing Upwards: Net financial flows from developing countries
John Quiggin writes Machines and tools
from David Ruccio
Back in 2011, thousands of Chilean students participated in protests against the high cost of higher education. The most famous took place in front of La Moneda, the president’s palace, dancing to Michael Jackson’s “Thriller.”
According to the latest statistics from the OECD report, “Education at a Glance 2017,” the costs of a college education in Chile were still very high in 2015-16.
But they’re still not as high as in the United States, where it costs more to go to college than anywhere else in the world.
Of the 35 member countries in the OECD, the United States has the highest average tuition at both public and private colleges, for Bachelor’s as well as Master’s degrees.
Average public tuition in the United States for a Bachelor’s degree is $8,202 annually, compared to Chile’s $7,654, the country with the second-highest tuition cost.
In terms of private education, the comparison is not even close: average tuition in the United States for a Bachelor’s degree is $21,189, far higher than in Australia, where the price is $8,827.
The United States also has the distinction of having the most expensive Master’s degree programs—again, in both public and private institutions.
It’s enough to turn U.S. college students into heavily indebted zombies.