Here is an interesting trend that was reported in the Herald Tribune today. More and more American students are opting to study overseas--not just a semester abroad as in the past, but for all 4 years.
One of the biggest draws is the price. Even as a foreign student the cost for an American to attend a school in Canada or the UK is well below the cost of a private university in the US.
The foreign universities benefit as well because tuition from foreign students means more revenue for them. Schools like St. Andrews in Scotland which is cited in this article are now heavily recruiting in the US market.
It will be interesting to see how further commoditization of post-secondary education impacts the US Education system in the future! To read the full article click here.