TV Extra: US rank in % of students achieving higher education

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TV Extra: US rank in % of students achieving higher education

Paul Combe, the President and CEO of American Student Assistance, or ASA, talks about the US rank in percentage of population who have achieved higher education versus the rest of the world, and the difference in attitude toward funding higher education.

Here are some great resources to consider:

Financial Aid for US students: Learn about getting help paying for school from this web site, USA.gov.

Federal Financial Aid: Whether you plan to study abroad for a semester or get your entire degree outside the United States, you may be able to use federal student aid to pay your expenses. The type of aid you can get—and the process you must follow—will depend on the type of program (study-abroad or full degree) you plan to enter.

Free education for US students abroad? Since 1985, U.S. college costs have surged by about 500 percent, and tuition fees keep rising. In Germany, they’ve done the opposite. The country’s universities have been tuition-free since the beginning of October, when Lower Saxony became the last state to scrap the fees.

Thoughts on the ‘free’ European education: Of course, many European countries like Germany already offer free college, though “free” is a relative term since tax payers absorb that cost.

There’s no such thing as a free lunch: When it comes to college tuition, we tend to focus on price — specifically, on the way that prices have gone up in the last few decades — but we often ignore context. It’s worth noting, after all, that America is only one of many countries around the globe that are trying to balance the high cost of higher education with the incredible dividends that come from a well-schooled populace.

About American Student Assistance:

American Student Assistance® is a private nonprofit dedicated to opening the gateway to opportunity by revolutionizing the way students approach, finance, and repay their higher education.

We do this by providing student loan education, and enabling the development of financial competencies through the use of innovative web-based tools and trusted, neutral advice—all free of charge to students and alumni.

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About Author

Greg Stoller is actively involved in building entrepreneurship and international business programs at Boston University in the Questrom School of Business. He teaches courses in entrepreneurship, global strategy and management and runs the Asian International Management Experience Program, and the Asian International Consulting Project.

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