New money encouraging Chinese students to come to US
CNN reports that China's economic boom allows more students to afford overseas education.
They like U.S. schools for out-of-class activities, open environment and diversity.
International students, families add $15 billion annually to U.S. economy.
Chinese enrollment grew by 8 percent in fall of 2006 and 20 percent last year.
I anecdotally have heard that because of the economic boom and because of the value of the american dollar, Chinese students that come from fairly regular households come to america with $50,000 in their bank accounts that get replenished every few months.