As Gen Z regret ‘worthless’ degrees, this CEO sent her kid to college in London—and she’s saving over $50K-a-year. ‘It’s half the price’
As Gen Z regret ‘worthless’ degrees, this CEO sent her kid to college in London—and she’s saving over $50K-a-year. ‘It’s half the price’
American parents (and students) weighing whether a U.S. college degree is still worth the hefty debt might want to hear what one philanthropy CEO did instead—she dodged six-figure tuition bills by sending her daughter to university in London.
It sounds counterintuitive. Flights, a foreign city, and a flat in one of the world’s most expensive capitals. But for Greater Good Charities CEO, Liz Baker, saving roughly $50,000-a-year, has been well worth the added admin of sending her kid off to study abroad.
“Once we started to look, we were like, ‘this is so much cheaper,’” she recalled to Fortune.
Tuition in London for her daughters’ courses comes in at around $35,000 a year, versus the $80,000 to $90,000 out-of-state U.S. bill they were initially bracing for. “So it’s like, really half the price,” Baker said.
As someone who has spent years running a nonprofit—scrutinizing budgets, tracking impact, and deciding where every dollar goes furthest—she’s perhaps better placed than most to do the math. “I always tell people who have kids that are going to college, you should look at the UK,” Baker added.
Even paying for a flat in Central London is still cheaper than U.S. college costs
Her oldest daughter has now completed an undergraduate degree at King’s College London and is currently studying........
