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Americans Are Moving to Europe for Free College Degrees

February 24, 2016 Leave a Comment

As outstanding student loan debt in the United States rose to $1.3 trillion and the class of 2015 was the most indebted ever with the average of over $35,000 for 70% of graduates, free college degrees in Europe become an option for many families. Katie Lobosco writes on CNN Money: “There are at least 44 schools across Europe where Americans can earn their bachelor’s degree for free, according to Jennifer Viemont, the founder of an advising service called Beyond The States. All public colleges in Germany, Iceland, Norway and Finland are free for residents and international students. And some private schools in the European Union don’t charge for tuition either. Many are going out of their way to attract foreigners by offering programs taught entirely in English. When they do charge for tuition, the bill is paltry compared to the U.S. The average cost of tuition in U.S. is currently $9,410 at public colleges and $32,405 at private colleges, while a majority of programs in Europe charge less than $2,225 a year.” (cnn.com)

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