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Abstract:Sweden does not charge tuition fees for both public and private colleges, while Norway spends 1.3% of its annual GDP paying for college tuition.
There are seven developed nations — including Sweden, Norway, and Ireland — where students attend school for free.
Sweden does not charge tuition for both public and private colleges.
Norway pays the most for college subsidies, spending 1.3% of its annual GDP.
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As
the US faces a higher education affordability crisis, students from
other developed countries don't pay anything for college.
Of the 36
developed, democratic countries that currently make up the Organization
for Economic Cooperation and Development (OECD), seven of them subsidize
tuition for public colleges and universities.
Read more: 10 mind-blowing facts that show just how dire the student-loan crisis in America is
The
US, in contrast, charges the most money to attend public colleges among
OECD countries. The average annual tuition for US public colleges cost
more than $6,000, according to a 2011 report from OECD. When you add up
the cost of living, books, and other expenses, the average cost of US
in-state public university can total $25,290 a year, according to Value
Penguin.
Using the OECD's 2011 report, Business Insider analyzed the
countries where citizens don't pay tuition fees. (Note that there were
some discrepancies between the data in 2011 and the most recent data
available in 2019 regarding which countries were included in the
dataset. Business Insider has reached out to OECD for more information.)
Here are seven countries where students can pursue higher education for free.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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