Category Archives: Dollars and Sense

You’re Wrong!

You know that sigh that escapes your lips every time you see a picture of the Eifel Tower or the Serengeti or Machu Pichu? What about that seemingly endless list of reasons why – although you’d love to! – you simply aren’t able to travel?

Well, you’re wrong!

You’re only cheating yourself out of mind-boggling, life changing experiences by holding on to these fallacies about international travel for dear life.

There are a thousand ways I could actively contradict most of your more concrete pseudo-arguments, but the blog post “Do yourself a favor and buy that damn plane ticket already” has done so so eloquently that I’ll just link you to it.

If  you’ve ever felt wanderlust tingle in your bones, only to end up listening to that negative imp perched on your left shoulder, you should definitely click the link above. Go on! Let your current limiting views be challenged when it comes to:

  • Travel is too expensive!
  • It’s too dangerous to travel!
  • I don’t have anyone to travel with, and I can’t possibly travel alone!
  • I can’t just quit my job! What if I don’t get one when I get back?
  • I don’t want to do anything that’s risky!



Did You Know You Could Study Abroad – Tuition-Free?

One group that has been particularly hard-hit by the current economic situation is recent college graduates.  Forced to either lower their entry-level career expectations (or to sit out a hiring round or two altogether), graduates are also often shackled with tens of thousands of dollars of tuition debt in the shape of student loans.

This debt can follow you for decades, overshadowing your financial progress as you strive to start a family, become a first-time home owner or set up a reasonable retirement plan. Many might remember that President Obama and his wife Michelle only recently paid off their own students loans. In view of this dour perspective, the idea of studying abroad might seem even more of a financial frivolity than it already does to some.

But did you know that you can study for free at some universities abroad?

When I enrolled at the Georg-August-University in Göttingen, Germany in 1979, I paid a nominal registration fee of less than $100 per semester. Yes, a lot of water has flowed down the Leine since then, and the discussion about charging tuition to study at university in German was a tense one.

The ban against charging tuition for undergraduate studies was lifted in 2005 with German universities being allowed to charge tuition as of the winter semester 2006/2007. In the meantime, though, only universities in 4 of Germany’s 16 Federal states (Baden-Württenberg, Lower Saxony, Hamburg and Bavaria) charge tuition; the state of North-Rhine Westphalia having recently rescinding their own previous decision.

Have a look at “List of Tuition Free Universities in Germany & Study Information” to find out more about studying tuition-free in Germany – including information about living costs, as well as links to sites providing information on tuition costs for post-graduate studies in the different Federal states.

Scholarship Opportunities in NL

If you are eager to earn your MBA and have seriously considered doing so abroad, this scholarship offer might be just right for you. The Nyenrode Business Universiteit is offering a full-tuition scholarship for their executive and international MBA programs to potential graduate students submitting the winning essay detailing a convincing innovative business model. These scholarships are worth €47,500 and €32,500 respectively.

Is this the challenge you’ve been looking for?

Find out more about the details and deadlines for this outstanding educational opportunity!