Re:I cannot afford to go back to engineering school
by e2e4 on Friday August 09, 2013 @07:10PM
(#6189176)
The "free" Bachelors is still mostly the privilege of American students (with a few truly exception international students sprinkled in).
For PhD, As sidww2 pointed out, and what I have experienced as well, the admission pool becomes much more international; and now you are competing with the world. There is a phrase about China saying that underlines the scale well: "in China when you are one in a million -- there are 1,300 other people just like you".
Moreover, overall the number of spots in graduate schools is by far smaller than for undergrad; making competition even tougher.
In many cases an Ivy League Bachelors is basically free as well.
Between tuition waivers for lower income students, and parents paying for higher income students, an Ivy League Bachelors is effectively free to most of the time.