It is a seemingly inescapable problem for many young Americans. The work force is getting more competitive as the bulk of new jobs are being created in highly skilled fields, yet the cost of education is skyrocketing to healthcare-esque heights.
As a result of this conundrum, many feel they are in a proverbial Catch-22, having to choose between taking on crippling amounts of debt in the hope that the jobs they seek will be there for them when they get out of school, or take their chances with a high school diploma in the job market, or as an entrepreneur.
Meanwhile, across the pond, a tantalizing Third Way is materializing, as many schools in European countries are either drastically lowering or eliminating tuition fees for foreigners in a bid to attract them to their schools.
But why? In the article that follows, not only will we review each country’s free college tuition incentive programs, you'll find out the method behind their madness…
1) Germany
With the scrapping of tuition fees in Lower Saxony this past year, every single university within Germany’s borders are now 100% free to attend, for residents AND for foreigners. What’s more, the degrees that these schools offer span most disciplines, with some programs not even requiring that you put together a formal application.
This all seems too good to be true, but in this case, it is, as the government of Germany has invested enormous amounts of money to attract English speaking foreigners to German schools so that its citizens might be exposed to native speakers of the language.
Germany also has many glaring skill shortages that it is staring in the face over the coming years, so the hope is that after foreigners complete their schooling, they will have loved their time in Deutschland so much that they will decide to pursue a career here as well. Go to school for free and get a job in an in-demand field after graduation? What is this, 1955?
