Reply to Consensus world view of TOP 5/6 UK University Rankings (Prestige/Research)

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Ok, say room and board is about 10k per yr. That is 30k plus 123k =153k . Say $188k total.

Tell me a university in the US where u can get better than or an equivalent to an Oxford degree in Economics for $188k including room and board?[/quote]

Nowhere is room and board $10k for a year.  It’s $20k per year.  Then you have added travel costs, so that’s probably $5k per year minimum.  Then all other costs at $5k.  Again probably too low.

So, 40,000 pounds =$48,000. So total COA is at least $78k per year so that’s $234k

Someone mentioned Berkeley or UCLA would be equivalent and if you have taken all the APs you need for Oxford you could be in a position to graduate in three years at those places as well as a Michigan if that’s what you want.

The delta is just much less than it used to be just two years ago.[/quote]

I’m not the PP, but since I have a kid at Oxford, I think I know a little bit about my cash outflow here…..I’m not adding other living costs outside of Dorm/Food and I’m not telling you which college my son is at, other than he is studying Econ.

Room and Board is dependent on the college you are in. BUT the range (IN POUNDS) for accomodations and Food, straight from Oxford’s website is:

FOOD: 2,835 to 4,445 pounds
ACCOMODATIOn: 6,705 to 8,325 pounds
TOTAL for ROOM & BOARD: from 9,540 to 12,770

Course fees this year = 41,130 pounds.

So ALL IN for ONE YEAR of studies at OXFORD = 50,670 to 53,900 pounds.

At Today’s Exchange rate that equals $63,080 to $67,100 dollars PER YEAR. TIMES 3 YEARS = $189,240 to $210,300 to get an Economics degree at Oxford including TUITION + ROOM AND BOARD.

So the previous poster was very very close with his $188k number.

The question remains, is $189k for an Oxford Economics Degree worth it? That is the equivalent of a $47,310 dollars per year for a US Degree INCLUDING TUITION, ROOM AND BOARD. Since most  top 25 US colleges Room and Board are 12 to 15k, lets say the equivalent Tuition cost in the US is $35,000 dollars.

Taking any scholarships out of the way to compare Apples to Apples, where else can you get an equivalent Economics degree to Oxford for $35k Tuition in the US. The options are very limited and this looks like it was the whole point from the previous poster.

For us it was a no brainer. We do not pay this much. My son was able to receive two separate scholarships and our cost is currently about 65% of the amount I indicated above….

[/quote]

Actually this is not bad. Didn’t even know scholarships were available.[/quote]

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