mark sovel

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Germany Scraps Tuition, U.S. in $1.2T of Student Debt

“Germany has announced free education in every state of the country, making all universities tuition-fee free. How are they able to pay for this luxury when the U.S. is currently drowning in $1.2T of student debt? We look at education funding and the differences between higher education in the U.S. and higher education in Europe, in this Lip News clip with Mark Sovel and Elliot Hill.”

Personally, I don’t know why, in 2014 abroad, they acted like this was any news, because any fees at all were only implemented sometime after 2000 anyway and so, it just means they didn’t last long! Also, those “tuition fees” we had were like 500 Euro per semester and did not apply to all students in the first place. So the way this is now presented in US/UK media as some revolutionary concept is kind of funny. Obviously, just like our so-called “free” healthcare, “free university” is financed by taxes so we collectively pay into the system and then enjoy these services “for free”.