| The value (in academic and monetary terms) of study abroad programs is rarely as positive as some like to present. In a nutshell, I find the proposition of trading an expensive tuition and expensive room and board for cheapened versions remarkably poor, even at private and restricted programs.
On the other hand, the value for the participating colleges (space and enrollment management) is a lot more tangible.
Most of the programs are available at a fraction of the cost and deliver a better experience AFTER graduation, especially in the form of a foreign master's degree. It won't take long for foreign schools to market such programs with abandon. |