Abstract
In 2010, more than 4 million students were studying outside their home countries. According to the United Nations Educational, Scientific and Cultural Organization, this number may rise to 8 million international higher education students by 2025. This globally mobile population of mainly young people seeking education represents an investment in crucial assets for sending countries, which is essential for future development, prosperity and welfare, as students return home with increased knowledge and skills prepared for global citizenship. For receiving countries, these students bring cultural and intellectual diversity to the institutions and the countries they visit, often representing a source of revenue for those institutions and communities, and in other cases a source of skilled labour in the current knowledge based economy. For sending countries, however, this might be a cause of brain drain and increased dependence.
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