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Exchange Rates

U.S. Dollar Affects Abroad Choices

Brian Karlovitz  —  Jan 23, 2009

With so much news focusing on economic problems at home, some Cornellians might not be aware that changes in the international value of the U.S. dollar have the potential to affect study abroad, a program in which over 800 undergraduates participate each year.

Changing dollar exchange rates have always been an issue in the U.S., and events like the formation of the European Union have caused dramatic fluctuations Off we goOff we goin the value of the dollar. But with decreasing prosperity at home, will the exchange rate issue become more important to Cornellians hoping to study abroad?

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