Just like buying stocks, ETF, cryptocurrency and commodities to add to your investment portfolio, education is also an investment. When thinking about your education and what it might cost you, you should also think about what your return on investment will be after a certain period. This brings us to the question; Why should you think about the average salary of a country before studying there? Here is your answer.
After graduation, the salary you will be offered will be within that range. This salary is classified as the interest made on the investment in your education. So the next question is HOW CAN YOU GET THE BEST INTEREST RATE? By simply calculating the average salary in your country of preference against the tuition fee.
Using Germany as an example, the average salary is 45,000 euros per year while the average tuition fee for public universities is 1000 euros per year and can get up to 30,000 euros per year for private universities. If you decide to go to a public university, then your interest or return on investment (ROI) will be 4,500% per year.
Now that you have this calculation/illustration, you will be able to make a clearer and more informed decision if it’s worth studying in Germany or not.
If you need help evaluating the average salary and tuition fees in your country of preference, feel free to use the contact form.