An Empirical Analysis of Emergency Student Loan Need Signals International Graduate Student may Face an Affordability Challenge Attending U.S. Graduate Schools

Document Type

Article

Publication Date

Spring 2013

Department

School of Business

Abstract

This article is an examination of the influence the U.S. recession may have on where international students decide to complete their post-graduate or graduate studies. Emergency loan need by international students notes a shift in the monolith of education that raises questions about affordability and academic choice. As U.S. financial aid contributes to burdensome long term debt for students, the implication of emergency loan need among international students is financial aid from their governments may be equally as burdensome overtime if unable to acquire an operational practical training (opt) appointment or H1B visa due to the recession. The dynamics of costs in the competitive marketplace may have a detrimental impact on objective decision-making by graduate students to attend a U.S. graduate school when competing international universities can deliver a quality graduate education in a more affordable environment.

Volume

12

Issue

1

ISSN

24760226

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