The American, Canadian, and European educational sectors are facing major increases in the next few years. Today, local college students are expected to pay around $12,000 in tuition fees per semester. Out-of-state students will pay double this amount, which is expected to soar within the next decade. A college degree could be the difference between a high-paying job and barely scraping by. Unfortunately, many young people will be turned away from their local colleges and university because of their inability to pay. What options do these individuals have as far as a college education goes? Find out by reading the content below
Private College – Out Of The Question
If you think public college tuition is ridiculous, you do not know anything about tuition for a private college. According to recent statistics, the average tuition for private colleges is $41,000. When you compare this number to public college tuition, you can instantly see a $30,000 difference. Who in the world could afford private college tuition? The rich and famous, excluding those within the low- and median-income ranges.
Study Abroad In Malaysia
High school graduates all across the globe are turning to Malaysia’s educational system for higher education. Malaysia is home to more than 32 million people. The independent country offers some of the lowest college tuition rates in the world.
According to the country’s recent statistics, the average tuition for a public college is about MYR 7,000 annually. The average tuition covers the bachelor’s degree. Of course, it is only normal to see varying tuition costs across Malaysia. This is the norm for all countries, including the United States, Europe, Asia, and Canada.
College in Malaysia is much more affordable than half of the other educational systems across the globe. Why is Malaysia tuition so affordable? Evidence shows internationals living in the country are living on $1,500 per month. This is the average cost of living for singles. Couples can expect to see a slightly higher cost of living at around $2,000 per month. This is only one reason why the Malaysian educational system is more cost-efficient than most other countries.
Minimize Your Cost Of Living
Foreign and local college students can minimize their cost of living through shared expenses. Hook up with other college students to reduce your monthly expenses by at least 50 percent. If you opt to go this route, it is crucial to approach potential roommates carefully. Like everywhere in the world, it is possible to run into a few scam artists along the way.
Rental scams are running rampant on social media. Senior citizens are at the highest risk of getting scammed on the World Wide Web, followed by young adults.
Conclusion
Malaysia is described by many as the most cost-efficient “student city” under the sun. The country is open to international students as well as local students. Graduating from an American or Canadian college will leave you broken in more ways than one. And, this is not to mention the devastating COVID-19 pandemic. Many college students are struggling to find work because of the temporary shutdown.