U.S. Leads the World in Most Expensive Tuition

The U.S. Education system is far from perfect, ranking somewhere around 17th out of the top countries in the world. It does not come as a surprise however that as far as the amount of spending to attend school for students, the tuition costs, the U.S. ranks at the top of the list with an average of $8,200 per year for an undergraduate degree program at a public school(private schools are several thousands of dollars higher) according to a report by the OCED released in 2017. The Organisation for Economic Co-operation and Development is an intergovernmental economic organisation founded in 1961. The main goal of the group is to help grow the world economy. Thirty-five countries currently participate OECD membership.

Chile came in second-highest on the OCED produced list at $7,654 a year in tuition. Japan ranked third with an average of cost of $5,229. Canada was 4th, $4,939. Australia was 5th, $4,763. South Korea was 6th, $4,295. New Zealand, Israel, and the Netherlands were also high on the list, with tuition of over $2,000, while Spain, Italy, and Portugal also made the list with tuition of under $2,000 but well above $1,000.

One saving grace that many students in the U.S. may benefit from compared to students of other nations is that they are elidgable for many forms of financial aid not available other places, nearly $6,000 a year in federal pell grants, to scholarships, to several thousands of dollars a year in multiple forms of student loans.

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