Millennials starting university this year can expect a completely different experience from their parents, as higher education adapts to a new economic landscape and job market, the world of digital communication, and the ongoing march of globalization. Read on to discover seven of the biggest differences between the university experience of today’s students, and that of their parents.
1. Tuition fees have increased.
According to a 2012 report published by the Organization for Economic Co-operation and Development (OECD), there’s been a steady rise in tuition fees worldwide over the past two decades. Indeed, since 1995, some German states have begun to introduce tuition fees, while Australia, Austria, Denmark, Ireland, the UK and the US increased fees for international students and/or home students… So, wherever you are planning to study, expect to pay a lot more than your parents did!
2. So has financial aid.
Fortunately, financial aid has also risen to meet a growing demand. According to the same OECD report, in fact, countries like Australia, Canada, the Netherlands, New Zealand, the UK and the US have developed good ‘support systems’ to help students pay for their rising fees. So, tuition fees are a mixed bag, really.
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