Student Travel Not as Affected by Weak Dollar as Anticipated, According to Online Study Abroad Resource StudyAbroad.com
Many media reports suggest that the weakening U.S. dollar has impacted the desired destination of study abroad students. However, an online student poll conducted by StudyAbroad.com finds that, among students surveyed, the weak dollar is not detracting from most students’ dreams to study abroad in certain locations.
StudyAbroad.com, a resource of EducationDynamics, asked more than 1,000 potential study abroad students if they have changed the destination in which they plan to study abroad because of the weak dollar. While 43 percent of respondents said they have changed their intended destination, 57 percent had no intention of altering their plans (34 percent are still going to study in their desired destination despite the value of the dollar, and 23 percent answered that their desired destination isn’t affected by the value of the dollar).
“What we’ve found is that more than half of poll respondents are unaffected by the weak dollar,” says Josh Irons, product manager and producer of StudyAbroad.com. “Some are planning to study in a country where the value of the dollar isn’t an issue, but others are simply choosing to study in their ideal location anyway.”
Irons believes this is because the students currently interested in studying abroad have the economic means to do so, regardless of the weak dollar.
“At the moment, those who study abroad make up a small portion of the college student population. It’s important to increase the number of students on college campuses who want to study abroad, and when interest in student travel does increase, that’s when we’ll see a shift away from the current popular destinations.”
Students looking to find their ideal study abroad program can visit http://www.StudyAbroad.com, a free directory of more than 18,000 study abroad programs in more than 140 countries.
StudyAbroad.com, part of the Prospecting Services Division of EducationDynamics, is the Internet’s leading source of information on educational opportunities for students to study in other countries. It is a comprehensive directory of study abroad and intensive language programs organized by subject and destination. StudyAbroad.com also offers Destination Portal Pages, a handbook serving as a guide to traveling abroad, and financial aid information. To learn more, visit http://www.StudyAbroad.com.
EducationDynamics, a portfolio company of Halyard Capital, is the leading marketing and information services company dedicated to helping higher education institutions find, enroll and retain students. Its content-rich and highly visible education websites, including EarnMyDegree.com, eLearners.com, GradSchools.com, StudyAbroad.com and its more than 50 special interest microsites, make EducationDynamics the premier provider of qualified prospective students for colleges and universities. In addition, the company offers a full suite of Web-delivered services proven to drive enrollment growth and reduce student attrition. For more information, visit http://www.educationdynamics.com.
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- Josh Irons
- Product Manager & Producer
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