Higher education: Tuition fees for major business schools have exploded in ten years in Toulouse

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Despite tuition fees skyrocketing in ten years, thousands of students in Toulouse spend more than €40,000 on a three-year course. TBS Education assures that “97% of graduates find a job within four months”.

If the student does not choose the university, a higher education in a private vocational or management school, in a business school, can very quickly amount to tens of thousands of euros. For middle-income households, this is like a financial sacrifice.

“Last year, for her first year at TBS, we had to pay almost 12,000 euros for my daughter who chose to study commerce. She did a six-month internship in Norway, where she had to be accommodated and sent money, because life there is very expensive. This year she moved to Barcelona, ​​for another internship, we pay her a rent of 900 euros, we got there too late to have accommodation on a campus. »

Martin (first name changed), living on the outskirts of Toulouse and father of the student, admits “that it is a significant budget, but divided in light of the expenses of three years of schooling, my daughter will borrow a lot”.

TBS Education, over 40% in ten years

Of the 6,000 students welcomed this year at TBS Education, newly christened and most of their Toulouse campus at Compans-Caffarelli a veritable institution, a certain number have bet “big” on their higher education, or even have debt before they enter the labor market.

In a long study “on the evolution of tuition fees”, published last August, “Mister Prépa”, the online medium for preparatory students, shows an unprecedented increase in tuition fees over ten years: it is more than 70% for certain recognized Grandes Ecoles – ESCP Business School with courses at 54,730 euros or HECParis (+62.74%) – and it is “40.70%” for TBS Education. The amount of a bachelor’s degree, the trifle of 40,000 euros for three years of study.

“The student knows what it costs him”

“It is 40,450 euros for three years, specifies the cabinet director of TBS Education Arnaud Thersiquel. Unlike other schools that operate with inflation, when the student returns to us, he knows what his schooling will cost him”.

The increase in tuition fees (+40.20% in ten years), noted in the Mister Prepa survey, is not questioned by the business school of Toulouse, which has demanded a total change of direction in the last ten years. years: the creation of an incubator, various partnerships, doubling the number of professors, doubling the number of students, etc. In a sign that the school is doing well, TBSEducation is investing €120 million in its new campus.

Several trends explain the increase

However, some work-study courses may only cost the student one year, i.e. 12,000 euros, the rest is paid by the employer. Finally, the school welcomes a third of scholarship students in Toulouse (out of a total of 3,000), for whom tuition fees can be covered up to 50% in light of the student’s social situation.

“Rare” public funding

Several trends emerge from the media survey of preparatory students. The main reasons for the general price increase are elsewhere: the study estimates that “public funds are increasingly scarce”, that “schools’ desire to remain competitive in the education market internationally against the best schools in the world” and that schools have invested heavily in ” improve the teaching environment”.

When you leave a bachelor’s degree, it’s better to find a job quickly. Arnaud Thersiquel assures that “97% of students who graduate from an internationally recognized double degree find a job four months after leaving school. »

TBS Education in the top 20 of the most expensive schools in France

With a three-year course costing the student more than 40,000 euros, TBS Education – based in Toulouse, Paris, Barcelona and Casablanca – ranks in the top 20 of the most expensive grandes écoles in France, in the survey published by the preparatory student online media “Mister Prepa “. At the forefront we find the unchanging HEC Paris, whose tuition fees reach 58,100 euros, an increase of 62.47% in ten years. In second place, ESCP Business school charges 54,730 euros for studies, but they are 71% more expensive than in 2011. In third place is ESSEC Business school, which, despite expensive tuition fees of 53,780 euros, has only increased its prices by 39.69% in ten years. “The forecast provided by Mister Prepa for 2031 puts us at 53,777 euros, which is slow growth compared to our competitors”, states the cabinet director of TBS Arnaud Thersiquel.

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