Friday, November 6, 2009

Schools see the light..

International Schools and universities are becoming increasingly valued in a globalised world, equipping students with the mobility to pursue university studies almost anywhere in the world.
Recent research shows that, despite quite costly tuition fees the number of enrollment students are increasing eventhough we suffer under a global economic crisis.
Data from ISC Research which analyzes developments in the international school market, show that several enrollment rose in several major Asian countries. In China, enrollments rose to 104.717 students in May from 91.807 a year earlier and just 7.268 nine years ago.
In India it rose to 45873 in May from 32.276 a year earlier and 5.600 in 2000.
One reason may be the effects of the economic downturn that create the awareness and importance to aquire an university degree but also the large number of people whom lost there jobs and try to seek security in an degree.
The shrinking budget families are feeling and facing and the job cuts that are widespread has indeed changed people's perceptions. One thing for sure is that the financial crisis has made an impact on our behaviour, perspective and importance of financial security.

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