The approximate cost of teaching a student at a permier Public Institute in India is approx. $4000 per year. Over a 4-yr undergraduate degree is $20000. Most of that is Indian tax-payer money and 90% of these graduates from such schools (IIT's) end up in the US, either setting up shop in US or worknig for Fortune 100 companies. Not much is lost in outsourcing, US owes quite a few $$$ anyways.
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Bounty: $ 6bil per year
The approximate cost of teaching a student at a permier Public Institute in India is approx. $4000 per year. Over a 4-yr undergraduate degree is $20000. Most of that is Indian tax-payer money and 90% of these graduates from such schools (IIT's) end up in the US, either setting up shop in US or worknig for Fortune 100 companies. Not much is lost in outsourcing, US owes quite a few $$$ anyways.