With U.S. college tuition on the rise, the cheaper option for higher education might actually be going abroad.
An Associated Press article reported that Liza, a student found that a degree in Prague cost her roughly half the tuition of her state school in Connecticut, more than making up for the extra cost of living and travel. Throw in that many European degrees are completed in three years instead of four, and the savings are considerable.
While an overseas education can be cheaper for some students, those who qualify for Free Application for Federal Student Aid (FAFSA) and other government grants should consider studying at home as federal grants do not apply abroad.
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