Top schools, including in the Ivy League, charge far more. The average cost for college tuition has more doubled in the past two decades, hitting $35,551 in 2022, according to the Education Data Initiative. Some mention the less stressful application process, access to different cultures and the ability to travel. Living abroad comes with its own expenses and hassles, but parents have many reasons for sending their kids to school overseas. Google searches for "College in Europe" hit a three-year high in August and have remained elevated as college application season ramps up. In France, the number of American students surged 50% in the 2021-22 school year compared to the previous year there was a 16% gain in the Netherlands, while the UK saw a 28% surge in applicants this year compared to 2020.
What once was a niche opportunity for wealthy families looking to add some flair to their kids' resumes is now becoming increasingly common as tuition and fees climb in the US, stretching budgets that are already getting hit by inflation and rising housing costs. An anonymous reader quotes a report from Bloomberg: Surging US tuition costs have more American parents sending their children to college in Europe as they look to save money on higher education.
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