>My guess is that the $7K price that seems revolutionary in the US is just too expensive in a worldwide context.
Yep! That would be my guess too. As an American who immigrated to Europe for an affordable Master's degree, I can understand both sides of this. $7K would have sounded completely reasonable to me 5 years ago, but now after I have paid only 500 Euros a semester, that is my new threshold for what I'd probably be willing to pay... Not that there is any strict logic behind what an education is or is not "worth," but compared to other opportunities there is no reason for me to pay more.
Yep! That would be my guess too. As an American who immigrated to Europe for an affordable Master's degree, I can understand both sides of this. $7K would have sounded completely reasonable to me 5 years ago, but now after I have paid only 500 Euros a semester, that is my new threshold for what I'd probably be willing to pay... Not that there is any strict logic behind what an education is or is not "worth," but compared to other opportunities there is no reason for me to pay more.