July 16, 2012
Colleges Are Wary of Global Economy's Effect on Foreign Enrollments
Subhash Sharma for The Chronicle
For Suraya Sharma, the cost of his master's degree in robotics suddenly got steeper.
The culprit is the weakened Indian rupee, which has lost about 20 percent of its value against the dollar since the beginning of the calendar year. Mr. Sharma still plans to enroll this fall at Clemson University, thanks in large measure to "good investments" his father made years ago. But he hopes to get a teaching assistantship to cover his expenses, and he may need to take out a bank loan. "You