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Weaker euro boosts overseas education

0 CommentsPrint E-mail CNTV, June 21, 2010
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Chinese students are also expected to flood in for the next tertiary year. The value of the Euro has dropped 13 percent against the yuan since December last year. So studying abroad, has become a whole lot cheaper.

The exchange rate factor.

The cost of studying in a foreign country is an important factor for Chinese families.

But the weaker euro has made it easier, to study in Europe.

Education Agent, said, "After the national college entrance exams, more parents and students came for consulting. In June, scores of them came everyday. "

The main reason for the agency's increased clients is the weaker euro.

Education Agent, said, "With the euro's lower exchange rate against the renminbi, a student can save 20,000 even 50,000 yuan a year when studying in Europe."

Students and parents packed an education fair in Yangzhou. Most wanted the same thing.

Student said, "I want to study in one of the developed countries to get advanced knowledge and new ideas."

Analysts suggest families buy euros while the currency's cheap.

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