Chapter

What Does Global Expansion of Higher Education Mean for the United States?

Richard B. Freeman

in American Universities in a Global Market

Published by University of Chicago Press

Published in print June 2010 | ISBN: 9780226110448
Published online February 2013 | e-ISBN: 9780226110455 | DOI: http://dx.doi.org/10.7208/chicago/9780226110455.003.0012
What Does Global Expansion of Higher Education Mean for the United States?

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The global expansion of higher education eroded the United States' position as the country with the most highly educated workforce, and potentially endangers its lead in science and technology. In the 2000s, diverse business and academic groups issued reports warning that the faster growth of the supply of science and engineering students overseas than in the United States posed a risk to national competitiveness and national security. This chapter concerns the global expansion in university training in terms of the increased proportion of young persons enrolled in university in advanced countries; the increased absolute number of young persons obtaining university training in developing countries; the influx of women into higher education; and the growing number of international students from developing countries. The globalization of higher education should benefit the United States and the world economy by accelerating the rate of technological advance associated with science and engineering, and by speeding the adoption of best practices around the world, which will lower the costs of production and prices of goods. The chapter concludes by analyzing the benefits and costs of these two alternatives, and by considering government and university policies that might enhance the net benefits to the United States from the global expansion of higher education.

Keywords: higher education; global expansion; world economy; technological advance; developing countries

Chapter.  13115 words.  Illustrated.

Subjects: International Economics

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