I'm from germany and spend some time at the technical university of munich.
This statement was not accurate at the time of writing and is even less accurate today.
There is a well known university ranking in germany, named "Hochschulranking". An older version for sports can be seen at e.g. https://www.sport.uni-freiburg.de/bachelor-ranking2012.pdf
There was no such thing as equal quality, obviously, just a baseline of what you should learn. This baseline is from what I've heard higher than in the US.
One more thing, I'm currently trying to find the source again, but ~20% of foreign students decide to stay in Germany after receiving free education.
Those numbers were way lower in the US iirc. Given such a high number of staying students I'd say it's well worth the money (for Germany).
There is a well known university ranking in germany, named "Hochschulranking". An older version for sports can be seen at e.g. https://www.sport.uni-freiburg.de/bachelor-ranking2012.pdf There was no such thing as equal quality, obviously, just a baseline of what you should learn. This baseline is from what I've heard higher than in the US.
Nowerdays universities are praised for their specializations and receive extra money for those activities. See https://en.wikipedia.org/wiki/German_Universities_Excellence...
German universities do pop up in global rankings, too. https://www.timeshighereducation.co.uk/world-university-rank... lists the technical university of munich as #28. (How biased those lists are is another topic)
One more thing, I'm currently trying to find the source again, but ~20% of foreign students decide to stay in Germany after receiving free education. Those numbers were way lower in the US iirc. Given such a high number of staying students I'd say it's well worth the money (for Germany).