Only an elite group of college students can still afford to study abroad

Friday, June 28, 2013

As the majority of America’s college students struggle to pay rising tuition bills and prepare to graduate with overwhelming debt loads, an elite group of students are paying thousands more per semester to study Italian art in the Tuscan hills, or learn about modern architecture from the top floor of the world’s tallest building in Dubai.

It’s college for the 1 percent.

With interest rates on student loans about to double, studying abroad has increasingly become a luxury for American college students.

Still, as one of the largest generations in the U.S. moves through the higher education system, the number of American college students studying abroad continues to steadily increase.

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