Comparing Foreign Degree Costs

Published: Sep 23, 2013

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The falling rupee has played havoc with thousands of foreign higher education aspirants from India, making a degree from a US college one of the most expensive. But degrees from universities in other countries are not as dear.

We take a look at the average cost of a Masters degree in mechanical engineering (per year) in a few other countries, apart from the US.

Tuition fees in most universities have increased between academic years 2012-13 and 2013-14.

Also, state-funded universities in the US have lower fees than private ones. For instance, while University of California, Berkeley charges $31,434 for a year, Massachusetts Institute of Technology charges $41,770.
 

(This story appears in the 04 October, 2013 issue of Forbes India. You can buy our tablet version from Magzter.com. To visit our Archives, click here.)

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  • Girish

    Good for people who are born in the money. Warren Buffet rightly calls this Ovarian Lottery. It indeed matters in which house you are born into. This is the luck effect....having economically successful father. For the rest...they can opt for Indian colleges and join the rat race. I wish them luck.

    on Sep 25, 2013
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