Europe's Education Crisis: College Costs Soar

Meg Handley:

College students are known for their ability to survive on instant noodles, toast and a shoestring budget. But recently, some students in Ireland have gotten particularly desperate. "I have heard from students who have lived on biscuits stolen from the chaplaincy in their college for a week, students who have lived in their cars for months," says Hugh Sullivan, education officer at the Union of Students in Ireland, a group that advocates on the behalf of over 250,000 students around the country.

The reason? Over the past 15 years, fees at Irish universities that cover the cost of registration, exams and student services have gone from the equivalent of $240 per student to nearly $2,000. On top of that, the government cut funding to universities by 5% last year and Sullivan expects another 5% cut this year. "It's a time of famine," Sullivan says, adding that even though students don't show up in the country's grim unemployment rate (currently 13.1%), they have become the hidden victim of the recent financial crisis. "The last thing you eat is your seeds."

Posted by Jim Zellmer at April 6, 2010 3:01 AM
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