Program directors are quick to point out that the shift is not just about money. You cant understand the United States today without understanding whats going on outside our borders, and thats not just Europe anymore, says Rebecca Hovey, dean of the study-abroad program at the School for International Training. Interest in nontraditional locales spiked even before the dollar began dropping, and foreign countries are marketing themselves to American students. A surge of support from education nonprofits and the State Department also has fueled the trend.
Study-abroad costs also vary wildly based on the way colleges structure their programs. Schools that effectively swap students with a foreign college are less affected by the falling dollar, but American schools that operate their own student centers often end up paying more for rent, utilities, and faculty salaries as the U.S. currency falters. The dollars slide also means that trying to set student fees in advance is a tiresome guessing game for college officials. Most of these educators energy, however, is spent scrounging up extra financial aid for needy travelers. Students already getting help can usually transfer their aid to tuition and fees abroad, but basics like housing and food are often at the mercy of the fluctuating dollar. Airfare, which can exceed $1,000 round trip, is not generally included in school fees, and whirlwind trips across continents are rarely cheap.
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