International Educator - January/February 2018 - 26

Middle
OF ALL THE MAJOR CHANGES
on the world stage since the turn of the millennium, one of the most striking is among the
most overlooked: the unprecedented growth
of global middle-class wealth. According to
the Allianz Global Wealth Report 2017, this
global middle class has doubled since 2000,
from about 450 million people to more than 1
billion people today.
Historically, expansion in the number of middle-class families
has meant more students going abroad for college, and as the
United States remains the top country of choice for international
students, U.S. admissions offices might well expect a deluge of
applications in the next few years.
It turns out, however, that the picture is a bit more complicated: The wide variation in relative buying power among newly
middle-class families in less developed parts of the world, along
with recent changes in perceptions about the United States
among parents and college-age students abroad, has thrown additional uncertainty into enrollment planning.

A Matter of Numbers
One of the basic reasons for increased U.S. university recruitment of international students, of course, is the demographic shift
among domestic students.
"The 18- to 24-year-old pool is stagnant in size," says Richard
Vedder, distinguished professor of economics emeritus at Ohio
University and director of the Center for College Affordability and
Productivity. "In the eastern states and some of the slow-growing
states, it's even worse than stagnant. It's actually shrinking."
To maintain their enrollment size, U.S. institutions need to
go elsewhere for their students. "Obviously, the more prospering
foreign countries would be the optimal place to go," Vedder says.
But even optimal places can be volatile, he notes.
A 2017 tabulation of the world's richest countries per capita
by Global Finance magazine listed among its top 10 three Middle
East nations-Kuwait, United Arab Emirates, and Qatar-whose

26  

INTERNATIONAL EDUCATOR J A N.+ F E B .18

R is



Table of Contents for the Digital Edition of International Educator - January/February 2018

From the Desk of
Frontlines
In Brief
Global Spotlight: Malaysia
Quick Questions
Feature: Recruiting Farther Upstream: U.S. Institutions Are Exploring New Opportunities Among International High School Students
Feature: CASE STUDY: The Business of Global Engagement
Feature: Middle Class Rising: As the Number of Families with Discretionary Income Grows, So Do Prospects for More International Students
Education Abroad
International Student Affairs
International Enrollment
International Education Leadership
Forum
In Focus
Feature: Minimizing Risk, Maximizing Results
Advertiser Listings & Index
International Educator - January/February 2018 - BB1
International Educator - January/February 2018 - BB2
International Educator - January/February 2018 - Cover1
International Educator - January/February 2018 - Cover2
International Educator - January/February 2018 - 1
International Educator - January/February 2018 - 2
International Educator - January/February 2018 - 3
International Educator - January/February 2018 - 4
International Educator - January/February 2018 - 5
International Educator - January/February 2018 - 6
International Educator - January/February 2018 - 7
International Educator - January/February 2018 - From the Desk of
International Educator - January/February 2018 - Frontlines
International Educator - January/February 2018 - In Brief
International Educator - January/February 2018 - 11
International Educator - January/February 2018 - 12
International Educator - January/February 2018 - 13
International Educator - January/February 2018 - Global Spotlight: Malaysia
International Educator - January/February 2018 - 15
International Educator - January/February 2018 - Quick Questions
International Educator - January/February 2018 - 17
International Educator - January/February 2018 - Feature: Recruiting Farther Upstream: U.S. Institutions Are Exploring New Opportunities Among International High School Students
International Educator - January/February 2018 - 19
International Educator - January/February 2018 - 20
International Educator - January/February 2018 - 21
International Educator - January/February 2018 - Feature: CASE STUDY: The Business of Global Engagement
International Educator - January/February 2018 - 23
International Educator - January/February 2018 - 24
International Educator - January/February 2018 - 25
International Educator - January/February 2018 - Feature: Middle Class Rising: As the Number of Families with Discretionary Income Grows, So Do Prospects for More International Students
International Educator - January/February 2018 - 27
International Educator - January/February 2018 - 28
International Educator - January/February 2018 - 29
International Educator - January/February 2018 - Education Abroad
International Educator - January/February 2018 - 31
International Educator - January/February 2018 - International Student Affairs
International Educator - January/February 2018 - 33
International Educator - January/February 2018 - International Enrollment
International Educator - January/February 2018 - 35
International Educator - January/February 2018 - International Education Leadership
International Educator - January/February 2018 - 37
International Educator - January/February 2018 - Forum
International Educator - January/February 2018 - 39
International Educator - January/February 2018 - In Focus
International Educator - January/February 2018 - Cover3
International Educator - January/February 2018 - Cover4
International Educator - January/February 2018 - SCover1
International Educator - January/February 2018 - SCover2
International Educator - January/February 2018 - S3
International Educator - January/February 2018 - Feature: Minimizing Risk, Maximizing Results
International Educator - January/February 2018 - S5
International Educator - January/February 2018 - S6
International Educator - January/February 2018 - S7
International Educator - January/February 2018 - S8
International Educator - January/February 2018 - S9
International Educator - January/February 2018 - Advertiser Listings & Index
International Educator - January/February 2018 - SCover3
International Educator - January/February 2018 - SCover4
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