Spending & Earning
College at $100,000 a Year Is Driving More US Students to Europe
The ballooning price of tuition at elite schools in America is pushing more families to eye cheaper options at universities overseas.
St John’s College in Cambridge.
Photographer: Vivian Wan/BloombergThis article is for subscribers only.
As the sticker price of an education at top US colleges pushes toward six figures, a growing number of students are packing their bags in search of more bang for their buck.
European universities often charge less for tuition and offer degrees in under four years, adding to the savings. In the UK, the number of applications from US students doubled in the past decade, while the Netherlands has seen a nearly 50% increase in the last five years. Spain and France are also seeing more interest, according to consultants.