this post was submitted on 26 Dec 2023
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[–] fury 90 points 1 year ago (27 children)

I got talked into bankruptcy (by a bankruptcy lawyer, surprise surprise). It cleared $12k of credit cards and bank fees but not the then-$50k of student loans and the spending habits that were the real problem. Now I learned my lesson. No credit cards. Save up and pay. Have an emergency fund that can cover your expenses for months and months in the event you lose your job, or your most expensive unplanned repair. That's the real life saver.

[–] Funkytom467 26 points 1 year ago* (last edited 1 year ago) (9 children)

In France after high school you pay 170€ the first 3 years the 243€ the next two, 100€ more each year if you don't have aides from the government. Some engineering schools (~600€) or private schools are more expensive.

That's a total of 1496€ for a 5y curriculum at most, if you don't have any aides. (810€ for a shorter 3y one)

For reference the monthly minimum wage is 1398.69€ (without tax).

So if you work two months at McDonald's you can literally pay your entire education with enough room to spare if you didn't pass some years.

(Engineering schools is more but it isn't crazy either)

That's without any help, but we have some cheap apartment specifically for students, help to pay the rent. And in addition to this you can get a sizable amount depending on the income of the parents, sometimes enough to live on.

So why in the hell would you pay 50k. That's 33 times as much, guys just come to France, or the EU and your set lol

[–] pankkake 14 points 1 year ago (1 children)

Everything you've said only stands for public university (which is better than private schools however). In the private world, you're looking at ~10000€ a year.

So why in the hell would you pay 50k. That's 33 times as much, guys just come to France

I believe it's more expensive for foreigners to study in France now. You're looking at ~3000€ per year IIRC.

[–] Funkytom467 2 points 1 year ago

Ho yes you're right!

It used to be the same but they increased it in 2019. They passed a reform with a lot of changes to the whole education system (including high school which add a lot of changes).

The reform was pretty bad for a lots of reasons.

Should have thought of it, every university went on strikes for it, including mine (I was just on year 1).

They passed it anyway...

So yes now its 2770€ for the first 3y and 3770€ the next 2. Granted that's still cheaper, 15,850€ total but that's only 3 times more expensive, not as crazy.

P.S. Private school can be good especially in some fields, but they're also a bit prestigious too. And 10k is a pretty good approximate i believe.

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