Introduction
University of Illinois at Urbana & Champaign (UIUC), ranking No. 2 in the most recent nation’s ”Top 20 Research Institution” in number of interna- tional students, currently has 8,203 international students from 115 coun- tries, which making up 20% of her total student enrollemt, and welcomes about 2,700 new international students annually. China, South Korea and India are the top 3 countries where about 71% of the total international students come from.1
For every international student, financial issue is one of the most con- cerned factors when planning advanced education abroad. Usually, before the application process, international students should already ensure their financial sponsorship. The support may from their government program, employer, bank loans, and, in most cases, their parents. Therefore, es- tablishing a comprehensive expenditure plan in advance, which covers most predictable expenses, is very important for international students. However, expenditure inherits heterogeneity and may vary a lot in different months beacause of emergencies, purchases of expensive durables, holiday travel, and so on. Also, such a pre-plan must base on rational expenditure esti- mation because living expenditure is affected by multiple factors, such as the location of the university, price level, personal shopping habit, personal rquired living standard and so on. These uncertainties make international students’ expenditure estimation even more difficult. The above two features of expenditure are the main reasons why international students’ expenditure estimation worth discussing.
Literature concerning students’ ...
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... see http://www.osfa.uiuc.edu/cost/.
Works Cited
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Every year, more and more International students are coming to the U.S. for pursuing higher education. According to the Open Doors report published annually by the Institute of International Education (IIE), the number of intern...
...hew , and Debbie Cochrane. "Student Debt and the Class of 2012." Institute For College Access and Success. December (2013 ): n. page. Web. 12 Dec. 2013.
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Weighing the contribution international students give and the value it adds to their life by allowing them to work in United States, there is every reason to grant them the right. Under good regulation and monitoring channels it can be a very effective strategy to integrate in all institutions of learning that is of importance to the government, beneficial to individuals and society.
Cliff A. Robb and Deanna L. Sharpe began their article “Effects of Personal Financial Knowledge on College Students’ Credit Card Behavior” with clarification regarding the study and also a succinct historical introduction to the ‘invasion’ of credit card companies on college campuses. Their study was based on the analysis of survey data composed from 6,520 students at a grand Midwestern University. This study revealed that financial knowledge was a compelling factor in the credit card decisions regarding college students.
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The article “International students in English-speaking universities” by Maureen Snow Andrade, explains that students who are studying abroad face many problems in their universities and in their new environment, which can prevent their adjustment when they are trying to fit academically and socially. According to the article’s writer, universities should provide good strategies, support and services for the international students to help them and let them adjust easily and quickly. Universities need to do a complete research to know and to define the adjustment issues so that they can find the suitable solutions. The universities and the colleges are the academic environments for the students whether they are local students or international
In the last few years, studying abroad has become an increasingly popular choice for higher education among international students (Accessibility Navigation, 2014). An average of 10% of students in universities all across the UK are international students from countries all over the world. (Accessibility Navigation, 2014). Although the experience is different for each individual student, there are many common problems that international students face. Those problems include: culture shock to varying degrees coupled with emotional issues(Bailey, 2005), Language barriers along with other communication problems (Sherry et al, 2009), and academic problems due to a change in school curriculum (Ramachandran, 2011). This essay will expand on the common problems faced by international students in the UK, offer solutions for handling the problems, and making the process of acclimating to a new environment easier for students.
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In addition to spending more on the actual education and university fees, the international students also have to spend on boarding and food. Finding a place to stay that is conveniently near to the university and other places of interaction, is affordable, accepts immigrants, and suits the basic requirements - is hard, sometimes impossible. A compromise on at least one criterion of the above is required to sustain in the new country.
In that year, the number of college graduates was only 432,058 (Sourmaidis) and ever since the demand continually increased as did price. This trend allowed for the student loan crisis to occur, which is a problem we face today. As of 2016, American students have accrued a massive 1.3 trillion in student loan debt. Just 10 years ago, the nation’s balance was only $447 billion (Clements). This ever-present cumulative burden has caused many post graduate Americans to delay important life events such as marriage, homeownership and children because of this substantial encumbrance (Clements).
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Over recent decades, the proportion of young people studying at university has increased significantly. As the nature of employment has changed, many feel that obtaining a degree is essential to securing a successful and satisfying career. However, university study provides far more than just a qualification. This essay will explore some of the wider advantages of higher education, namely with regard to the individual 's social and cultural development, networking opportunities and the development of independence.