Master’s in Accounting: 6 years, $150k in tuition, $65k/yr job. Lambda School: 6 months, $27k in tuition, $80k/yr job. If one student went for a Masters in Accounting, another started Lambda, at 6 yrs the Lambda grad comes out $603k ahead (not including taxes and interest)https://twitter.com/Kangkeru/status/1053702873526063106 …
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Switzerland? Not entirely free but ridiculously cheap (around $500 per semester).
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Switzerland has a 40% income tax rate. The point was if your tuition rate is subsidized by government you still pay for it.
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Switzerland doesn’t have 40% tax, tax rate cannot go higher than 40%. I lived in Switzerland for many years only paid ~21%.
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OTOH, if you think paying $1000 to a world class university per year is less of a deal than paying money to a VC-backed school, good luck.
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That is a good deal, again, because you’re paying for it in your taxes. It’s not “free.”
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I never said education is free. The argument is that with very minimal tax (something US will never be able to achieve), it is possible to provide high-quality education.
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The average taxpayer in the US pays 13%, and a huge number pay 0%
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The same income makes you pay 10% in Switzerland.
End of conversation
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Nowhere Austen. Nowhere. Because of laws of arithmetic still apply in Europe.
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For Norway, total tax revenue is 37.98% of GDP, vs. 26.02% in the US. That includes healthcare, too. Universities have no tuition--in fact, state pays a stipend, and even a portion of your foreign tuition if you study abroad. https://data.oecd.org/tax/tax-revenue.htm … https://lanekassen.no/nb-NO/Languages/norwegian-students-abroad/examples-of-funding-/supplementary-grant/ …
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