The average cost of a master’s degree from a public university in the United States is $28,000, and at a private university, it’s more like $38,000. That’s a lot of money.
And while student loans are available for accredited degree programs, the result is often compounding your student debt from your undergraduate education and taking years to pay it off.
In the rest of the world, though, education is generally taxpayer-funded and a lot cheaper. While foreign students may pay a premium on an undergraduate or graduate degree in a foreign country compared to local students, a year’s tuition costs nowhere near five figures.
The Return of Investment of having a well educated population out weighs the cost burden of having the government pay for the cost of Grad school.