"Chinese has been described as the language of the future, and perhaps now Chinese universities are going to be seen as the future of higher education." - Michelle Florcruz
From the International Business Times article "China's Hot New Commodity: Higher Education for Foreigners" by Michelle Florcruz (here):
But now there's a new destination for American students: China, where many are looking to sharpen their Mandarin skills, a language many started learning before enrolling in college. And now, instead of dedicating one semester or a year to being abroad, a growing number of international students is applying for their undergraduate and graduate degrees at Chinese institutions.
Perhaps another appealing factor of pursuing a Chinese education is that is cheaper than many Western universities, particularly those in the United States where tuition at a private university can range from $35,000 to $55,000. Even public university tuition costs are increasing as well, up by 4.8 percent this year, according to CNN Money.
Peking University tuition depends on the subject of study as well as what degree an individual is pursuing. The most expensive degree an international student can get is a Doctorate in a science program, which would cost 40,000 RMB a year, roughly $6,400 USD. Including the estimated cost of living which is accommodation, board and other miscellaneous costs, attending Peking University while pursuing the most expensive degree would cost 90,000 RMB, or just under $15,000 USD. That would qualify it as one of the very cheapest schools if it were in the United States.
For 2012-13, the University of Oregon estimates (here) an undergraduate year to cost $22,239, composed of Resident tuition at $9,258,Off Campus housing at $9,501, Books and Supplies at $1,050 and Personal Expenses at $2,430.
For 2012-13, Oregon State University estimates (here) an undergraduate year to cost $22,689, composed of Resident tuition at $8,091, Room and Board at $10,074, Books and Supplies at $1,908, Miscellaneous and Personal at $2,616, and Loan Fee Alliowance at $57.Eastern Oregon University estimates (here) an undergraduate year to cost $20,325 for 2012-13.