You are basically saying that living in Europe in a university city cost anything between 6000 and 20000 euros each year.
Maybe a bit high, but I think I can agree.
But living is a cost all around the world, and universities in Europe add a very low overhead on top of it, while universities in US can easily triple your cost of living, so I still don't see your point
My point is that the statement that salaries can be low because university has no cost is wrong. The cost is significant even without tuition and therefore salaries absolutely matter.
And without even a shred of doubt, a US tech salary of supposedly around 150k compared to perhaps 80k in Germany more than balances the extra costs for university over a time of 20 years that the kids grow up.
Well, 30k-100k is about right for the annual cost of undergrad in the US and school costs are much more commonly discussed as per year than in total around here.
>My point is that the statement that salaries can be low because university has no cost is wrong. The cost is significant even without tuition and therefore salaries absolutely matter.
That seems a bit misleading as well. Almost all of that cost is unrelated to university attendance. People incur costs for food and rent regardless of whether they're university students.