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ENGINEERING BULLETIN

Publisher: All-Russian public organization "Academy of Engineering Sciences named after A.M. Prokhorov".

The money of study abroad

08.05.2012

The extent to which money does and should dictate the global exchange of college students was a touchy topic at a meeting of 16 nations held in conjunction with the G8 Summit.

Most agree that studying abroad brings qualitative benefits for the students who go, the universities that receive them and the nations on both ends of the exchange. But it’s hard to monetize the value of increased mutual understanding, and considerably easier to calculate tuition and housing expenses.

Delegations from 15 nations and the European Union -- which included every G8 country and representatives from every inhabited continent except Africa -- found common ground on the big-picture issues during the two-day conference convened by the Institute of International Education.

Everyone stands to benefit from a multilingual, globally aware, well-educated citizenry, delegates generally agreed. But variations, both ideological and logistical, emerged when discussing each nation’s goals with international education and the ways they finance those goals.

“The issue of mobility is becoming more of a challenge for universities and countries because funds are short and at the same students are becoming more and more demanding,” said Xavier Prats Monné, a delegate from the European Union.

Source: Inside Higher Ed

 
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