The college debt crisis is worse than it seems

Re:The college debt crisis is worse than it seems by Loughla on Monday May 23, 2016 @03:14PM (#11756107)

To point A: this is 100% true. When consulting for higher educational institutions, the first revenue stream I evaluate is that from international students. They pay their bills, they pay more than native students, and they graduate with few issues - if they do have issues, you just ship them home.

And I don't mean large, prestigious universities - these rules for foreign students apply to everything from large private colleges/universities to small, regional community colleges.

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Re:The college debt crisis is worse than it seems by rm_-rf_slash on Monday May 23, 2016 @03:22PM (#11756165)

Absolutely right. Also it costs a hell of a lot less for a wealthy family or a poor-to-moddle-income state to be educated in America and use what they learned in their home state rather than build up equivalent educational institutions at home.

That's why you end up seeing a lot of partnerships with US universities on foreign soil (Yale in Singapore, RIT in Croatia, Cornell in Abu Dhabi...)

EDIT: This also helps wealthy Chinese youths who are so committed to disappointing their parents that they fail to score within the .001 percentile on the Gaokao and have to be shipped off to Harvard instead.

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