I guess she has the same European citizenship as you? The smartest thing to do (although ethically debatable) is to go back to your native country for her college years, and get it fully subsidized by European taxpayers.
Moreover, there's an important side-effect to USA's outrageous prices: except for some niches such as the Ivy League, if you're paying you'll be treated as a customer and they'll try very hard to deliver the goods (the diploma); this objective goes against being academically demanding, failing sub-par students etc. It's bound to have a dramatic impact on quality.
Something that baffles me in the USA, by the way: I can understand making a 6 figures investment in one's training, but it sounds like many if not most people choose personal development majors rather than employable ones: history, gender or African-American studies, arts, literature... I could see myself investing a year of my life and a couple K€ in a subject that fascinates me, but come on, a house's worth?!
Anyway, If I were to move out of Western Europe, I'd probably go back for my kids' studies, be it for the price or for the quality.
FYI the reason that they don't fail sub-par students is that graduation rate is part of how they are ranked by the magazines. Flunk more students and your raking gets worse.
As far as personal development majors ... an 18 year old who has never even paid rent really doesn't have the concept of how much money the debt is and "everyone else is doing it" furthermore high-school guidance counselors are the ones who most often are turned to for advice on schools and majors, and AFAICT they don't have a clue about what they are talking about.
> [...]
> I worry greatly about my daughter's future.
I guess she has the same European citizenship as you? The smartest thing to do (although ethically debatable) is to go back to your native country for her college years, and get it fully subsidized by European taxpayers.
Moreover, there's an important side-effect to USA's outrageous prices: except for some niches such as the Ivy League, if you're paying you'll be treated as a customer and they'll try very hard to deliver the goods (the diploma); this objective goes against being academically demanding, failing sub-par students etc. It's bound to have a dramatic impact on quality.
Something that baffles me in the USA, by the way: I can understand making a 6 figures investment in one's training, but it sounds like many if not most people choose personal development majors rather than employable ones: history, gender or African-American studies, arts, literature... I could see myself investing a year of my life and a couple K€ in a subject that fascinates me, but come on, a house's worth?!
Anyway, If I were to move out of Western Europe, I'd probably go back for my kids' studies, be it for the price or for the quality.