April 17, 2009
South Korean Students, Hit Hard by Currency Decline, Opt to Stay Home
It is too early to predict enrollment numbers for international students in the United States this fall, but universities in Asia are already seeing big declines among South Koreans studying abroad.
The value of South Korea's currency has dropped sharply in recent months, almost doubling the cost of living abroad for South Korean students and throwing their budgets into disarray. It has since started to bounce back but remains volatile.
South Korea remains an important market
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