The Herman Trend Alert|
November 21, 2007
Global Movement of Students Increasing
Founded in 1919, the Institute of International Education (IIE) is an independent non-profit organization and a world leader in the global exchange of people and ideas. IIE administers over 200 programs serving more than 20,000 individuals each year. Just last week, the Institute released its annual study on international students in the United States. Called "Open Doors 2007", this study reflects an interesting development---the fact that the number of foreign students enrolling in US colleges and universities has rebounded from its depressed level when the country began to make attending school here so much more difficult. This uptick is the first significant increase in total international student enrollments since the 2001/02 school year.
Of the top four countries of origin, India, China, South Korea, and Japan, India is the run-away winner at 10 percent, though 43 percent of all students were born in these countries. New international enrollment---students enrolling for the first time at an institution starting Fall 2006---increased 9.97 percent from the previous year.
Total foreign student enrollment increased by 3 percent to a total of 582,984, while new enrollment was up by an impressive 10 percent. There were strong increases from the top three sending-countries: India was up 10 percent, China up 8 percent, and Korea was up 6 percent. It is not surprising that Business and Management is the top chosen field of study.
Additionally, the U.S. Department of State Bureau of Consular Affairs reported the number of student and exchange visas issued in FY 2007 rose 10.2 percent year over year. International students contribute approximately USD$14.5 Billion to the US economy, through their expenditures on tuition and living expenses.
Once again, we have evidence to support Thomas Friedman's famous book, "The World is Flat". These developments are simply a few consequences of the far-reaching effects of globalization on our societies. Another important factor has been the decline of the US dollar against other currencies, making college tuition paid in foreign funds that much more affordable. Expect to see even greater increases next year, as a US undergraduate education, highly rated abroad, becomes even more reasonable.
© Copyright 1998- by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Joyce Gioia, Strategic Business Futurist. 336-210-3548 or https://hermangroup.com. To sign up, visit https://HermanTrendAlert.com. The Herman Trend Alert is a trademark of The Herman Group, Inc."
HOW DOES SHE DO IT?
APF'S FUTURES FESTIVAL IN 3 DAYS: ONLINE OCTOBER 24TH: FULL SPECTRUM FUTURES
OUR VERSATILE TRANSLATOR ROCKS!
To read this Herman Trend Alert on the web: https://hermangroup.com/alert/archive_10-21-2020.html.
Herman Trend Alerts are produced by the Herman Group, strategic business futurists, Certified Management Consultants, authors, and professional speakers.
New subscribers are always welcome. There is no charge for this public service. The Herman Trend Alert is read by over 30,000 people in 90 countries, including other websites and printed periodicals. Click here to sign up for the Herman Trend Alert.
Do you enjoy receiving this weekly e-mail update? Contact us about our co-branded Herman Trend Alert service.
7112 Viridian Lane
Web site design by WebEditor Design Services, Inc.