Reporting of Intellectual Capital Partners

Higher Ed “International Exchange Rate” Leaves Intellectual Capital Behind  November 16, 2012 – 09:58 pm
intellectual capital

The higher education “international exchange rate” is unfavorable and improving at an alarmingly slow rate, given our need for graduates prepared for success in our contemporary global economy.   There are basically two problems:  not enough U.S. students are studying abroad and the opportunity to study abroad is disproportionately available to traditional students enrolled at private institutions.

According to the 2012 Open Doors Report recently released by the Institute of International Education, the number of international students studying in the US increased by 5.7% last year to a record high of 764, 495.  In contrast, the number of US students studying abroad increased by only 1.3%, from 270, 604 to 273, 996.

The IIE reports that although the rate of US students studying abroad has more than tripled over the last 20 years, only about 14% of U.S. bachelor’s degree students studied abroad before they graduated.  This percentage is woefully low if we are to produce an educated workforce with the capacity to compete in and contribute to the global economy or graduate students with a high level of intercultural sensitivity.

And, of course, the aggregate finding that 14% of US undergraduates study abroad does not mean that 14% of students at each college and university in America have a study abroad experience.  In fact, students at different institutions experience very different levels of encouragement and support for study abroad.

Source: Advancing the Higher Education Agenda | Jayne Marie Comstock

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