Would it be a private, subsidies free school, or a public one? Quite likely the actual cost of a public school will be 10 or 100 more than you have to pay in tuition.
A public school - but ultimately that makes little difference to me as the consumer.
Furthermore, none of the MOOC providers have cracked the issue of credibility to employers, if I felt an Udacity nanodegree would be taken as seriously as a 'real' masters degree then I'd be willing to pay much more for it.
But when I'm just doing them more for self-fulfillment (as I'm sceptical employers give much credit to Coursera, Udacity etc.) then paying any more than 50 euros doesn't make sense.
What most students don't realize is that education is Europe is heavily subsidized. What are the fees for international students? That gives a more accurate picture of the cost.
Of course it is heavily subsidized. Everyone knows that all our education is paid through taxes.
And that is how it should be. Because it makes a better society for all. More highly educated people gives more productivity and prosperity for all. That it isn't your parent's wealth that decides what school you can go to decreases inequality and we get less people that feel that they never got a chance in life.
Atleast in Germany it is free for international students in many states. In some states where it is not completely free for international students, the fees is still pretty low.
I mean I can pay ~40-50 euros for Coursera and edX (and lots of them are free).
But Udacity costs thousands of euros - I could attend a brick and mortar school with a great reputation for that price here in Spain.