College in the U.S. Is More Expensive Than in Any Other Country in the World
‘The price of a college degree is more expensive in America than anywhere else in the world, according to a new report from the Organization for Economic Co-operation and Development. The OECD looked at public and private college costs in its 35 member countries and found that higher education is priciest in the United States by a significant margin. Business Insider notes that while “one-third of countries do not charge tuition for public institutions,” and 10 countries have public tuition costs that average less than $4,000 annually, getting a diploma from a public institution in the U.S. generally runs about $8,202 a year. The closest competitor on that front is Chile, where public college costs average $7,654 annually.
Private college costs in America outpace those in other countries by a staggering rate. On average, attending a private college in the U.S. will set students—and their families—back by about $21,189. No other country even comes close in this regard, as illustrated by a comparison chart from Business Insider.’
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