Saturday, July 05, 2008

Foreign students flock to the US

The Boston Globe reports:
The faltering US dollar, which has steadily lost value against major currencies around the world, has produced a silver lining for foreign students, and the American universities that recruit them.

With every dip in the exchange rate, the cost of college for many foreign students has dropped in kind, a discount that has contributed to a surge in demand for Boston-area colleges and universities, college administrators, consultants, and higher education specialists say.