U.S. Attracts Indian Students, Lowers Fees

Texas Governor Rick Perry said in a statement "A $10,000 degree provides an opportunity for students to earn a low-cost, high-quality degree that will get them where they want to go in their careers and their lives," as reported by TOI.

Angelo State University, a school in San Angelo in West Texas announced that it will offer a $10,000 degree starting next fall. Other schools to follow are Texas Tech, Texas A&M University, and University of Texas.

On the other hand, some argue that the quality of education will suffer. While, few also say it could be fabricated numbers, suggesting that the $10,000 target is not inclusive of campus housing and text books.

However, the lowering of fees indicates the growing recognition in the U.S .that education is going beyond the reach of poor and middle-class families, and students frequently enter job markets with a huge debt burden. This degree also takes aim at the nearly trillion dollar college debt that the U.S. has racked up.

Also Read:Large number of B-Schools and Engineering Colleges Shutting Down