Re:Is college worth it? A return-on-investment analysis
by bjelkeman-again on Thursday October 28, 2021 @11:48AM
(#29027460)
We will probably have to agree to disagree on that. The cost at a technical university in Sweden, to the society is about USD 10 k/year [1]. MIT is 77 k/year [2]. MIT is ranked first in the world. KTH (89) and Chalmers (121) in Sweden are ranked top 10% in the listed 1300 [3]
Is it better for society to get a decent education for a low cost, for society as a whole? It seems to work for Sweden, and many other European countries. [4]
[1] https://sv.wikipedia.org/wiki/Helårsstudent_och_helårspresta...
[2] https://sfs.mit.edu/undergraduate-students/the-cost-of-atten...
[3] https://www.topuniversities.com/university-rankings/world-un...
Re:Is college worth it? A return-on-investment analysis
by imtringued on Wednesday October 27, 2021 @03:37AM
(#29010538)
German universities tend to kick you out just as quickly as let you in. When the students are paying thousands in tuition you can't do that. You'll let them stay to get their tuition money even if you're wasting the time of that student.
Just because you are not paying for it doesn't mean it has zero costs. If you're not paying for it, someone else is, the ROI burden gets shifted to the society as a whole, which is much, much worse than the burden being on an individual.