What price the value of higher education in Lebanon?
By Michael Karam. The new academic year has started and my son, who graduated from high school this summer, has decided to take a gap year. The idea is that he will find out what he really wants to do in life before his parents cough up as much as US$35,000 a year to send him to a British university.
Initially, my Lebanese wife was not entirely comfortable with this decision. “Why waste a year?” she argued but then came the bombshell: if he discovered that he can make his way in life without a degree, our son said he may not even go to university. Why do it for the sake of it?
His is an attitude shared by both many British school leavers who don’t want to be burdened by a loan and by their parents who may have to subsidise their kids during the three years of college. Read more...