Sprechen Sie Deutsch Case Study

Sprechen Sie Deutsch? The price of higher education has always been a hefty one, to further one’s knowledge in

any way has always come with a cost. Though very few improvements are so vital, so expensive

as a college education. In June of 2015, the total amount of outstanding student loan debt was

estimated at 1.3 trillion dollars. (Kantrowitz, 2015) As high as college tuition is in the U.S. many

people don’t attend college, if they do, by the time they finished they are crippled in tuition fees.

While in Germany, tuition cost are a fraction of what we pay in the U.S. As expensive as tuition

is in the United States is, It would be more feasible and exponentially more affordable to study

abroad.

In many ways, a college degree has replaced the high

Over the

past generation, there has been a significant decrease in the amount of college graduates. There

are many reasons for this unfortunate occurrence, among them being a scarce availability of

affordable higher education. To receive a decent college education, one must take out college

loans and pay an exuberant percentage on all that is borrowed . Many people exhibit a reluctance

to borrow even reasonable amounts, a condition known as debt aversion. Student borrowing is

based on the idea that “a student’s future income will be more than able to cover the costs of

getting a degree.” (Schumpeter Blog, 2011).

In a dissertation on student debt aversion, Benjamin Keys notes that about 17 percent of

students in their sample of full time undergraduate students rejected interest-free loans for which

they were eligible. (Keys, 2009) In the United States, the cost of higher education continues to

outpace nearly every public service, but in the majority, there are few options left but to ‘bite the

bullet’ and get the loans. This is the best bad option left for students, to take out loans and