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As someone from one of the BRIC countries (now living in the US for the past decade), I can tell you that $6,600 would be a ridiculously affordable option for tens of thousands of students in these markets.

Brazil, in particular, has the exact opposite model of the US. Public undergrad schools are generally weak (with very few exceptions). If your parents can't afford to send you to a private high school, you'll probably have a tough time ranking well on the top public universities (which are not only free, but normally ranked lot better).

Not surprisingly, some public universities receive 10-20x more candidates/spot than other private options.

MOOC and initiatives like this pilot from Georgia Tech have the potential to change this picture radically in the next 10-15 years.

Instead of spending $100,000+ for a second class degree, some students will opt to spend a fraction of this, for a top tier US school. And you could use the difference to complement your education in other different ways - in-person courses, unpaid internships abroad, trips, etc.

Probably still not the same as going in-person to a top university school, but still revolutionary. The goal shouldn't be to send everybody to the best universities in the world (which is an impossible and unrealistic goal), but to give the best education that each person can have.




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