I see Saudi students daily who drive Ferraris and Bentleys. That is to say $400,000 is not meaningful at all to some, which is exactly the point. Why go to America and spend $100,000 a year on education (as in one degree) for 4 years when I can buy 10 with a couple of wire transfers.
Edit: I should say Middle Eastern and not Saudi since many are from the UAE.
Edit: I should say Middle Eastern and not Saudi since many are from the UAE.