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A college education is cheap in Costa Rica

The prohibitive cost of a university education in the United States, make that many send their children to more affordable junior colleges to save money.

If you are thinking about retiring here and have children or grandchildren of college age, you might consider enrolling them in a Costa Rican private or public university.

The other night I was watching the CBS Evening News on satellite and there was a story about the prohibitive cost of a university education in the United States. Apparently fifty percent of the families in the U.S. are having to limit their choices of universities for their children due to a combination of the current financial crisis and the high cost of college tuition. Many are sending their children to more affordable junior colleges to save money during the first two years.

If you choose Costa Rica for living or retirement you can save a lot of money on a college education. The University of Costa Rica, the nation’s best public university, charges less than a couple of hundred dollars a year for tuition. Yes, you heard right.

My son goes to one of the best private universities here and pays a little less the $3000 a year for tuition.

All you have to do is compare the costs of what they charge here with those of the States and you will see the obvious bargain. You can save tens of thousands of dollars a year here.

Furthermore, the quality of education is excellent. Since Costa Rican universities are recognized internationally for their academic excellence, Costa Rican students are admitted to major U.S. universities for graduate school.

Another plus is that studying a specific career in a Costa Rican university takes less time which equates to saving a lot of money on a college education. For example,  students can enter law or medical school straight out of high school. They don’t have to waste time spending four years as an undergraduate.

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