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Monday, April 18, 2016

International Education: Pros and cons of getting that degree abroad - Here's what you need to know before you set off - by Kelley Holland

Are you the type of person to study abroad?

Not for a semester, as roughly 300,000 American college students do every year. But, for four years to earn your degree.

About 45,000 U.S. students are now pursuing a college or graduate degree in another country, according to the latest preliminary data from the Institute of International Education, roughly in line with the institute's data for 2013. With tuition at American colleges and universities continuing to rise, and some prestigious universities in other countries charging little or nothing for tuition, college overseas holds obvious allure.

For the right students, it's a terrific experience and it will help them have a global career, said Peggy Blumenthal, senior counselor to the president of the institute.

Certainly, the numbers are compelling. In Germany, for example, many universities charge overseas students little or nothing in tuition.

In Britain, the most popular destination for American students pursuing degrees overseas, the tuition savings are smaller. For example, overseas students at Oxford pay about $22,000 to study politics or history and $33,000 to study engineering or computer science, less than a private college in the United States but more than an in-state public university. The University of St Andrews, in Scotland, charges roughly $23,000 for most degrees for overseas students and $35,000 for medical science.

But tuition is not the only cost when students attend college. There is food and lodging, as Americans studying overseas clearly do not have the option of living at home.

Transportation is another cost to consider: Flights to and from Europe cost a lot more than a few car trips home from the state university. Visa costs are another factor for students studying overseas. And depending on where they attend, students may not be eligible for all the financial aid they might receive in the United States.

Read more: Pros and cons of getting that degree abroad