America Should Make College Free for Best and Brightest From Abroad – Bloomberg

China Signals Likely Reserve Requirement Cut to Aid Growth
Big China Industry Events Disrupted as Covid Curbs Tighten Again
UK Pension Funds Turn to Illiquid Assets After Selling Spree
EU Nations Advance €43 Billion Plan to Become Semiconductor Hub
Amazon Poised to Benefit This Season as Inflation Fears Ease
Xiaomi’s Revenue Dives 10% After Smartphone Demand Tanks
All Ukrainian Regions Have Emergency Power Cuts, Grid Operator Says
Kyiv Rattled as Attacks on Ukraine’s Infrastructure Cut Power
Trump Had Losses of $900 Million in Two Years, Jury Told
Jeff Bezos Donates $123 Million to Help Fight Homelessness
Paris Saint-Germain Considering Leaving Home Stadium, Stake Sale
World Cup Loss Raises Doubts About Argentina’s Fitness
Putin Defies Sanctions With Oil Output Hike
I’m Thankful Politics Might Be Fun Again
The US Needs Five Times as Many Child Psychiatrists
Elon Musk Keeps Quoting Elon Musk About His Genius
Crypto’s Crash Is Helping a Few Couples Rekindle Their Relationships
US Is Focused on Regulating Private Equity Like Never Before
Elon Musk Makes Fun of Twitter T-Shirts Linked to BLM Protests
Shipping’s Attempt to Hire More Women Runs Into a Macho Culture
Fund Managers Are Basing Bets on ‘Artificially Low’ ESG Scores
Tesla Investors Plead With Musk for a Buyback to Perk Up Stock
Recycling Our Cities, One Building at a Time
In Detroit, a Home for LGBTQ Youth Balances Being Seen With Being Safe
South America’s Resort for the Rich Seeks Year-Round Vibe
Revisiting the “Magic Money Box” After the FTX Collapse
Apollo Plans to Offer a New Fund on Blockchain With Fintech Figure
After FTX’s Collapse, Is Bitcoin Still Heading Into an Ice Age? (Podcast)
Allowing more people from poorer countries to study in wealthier ones would provide benefits all around.
Open campus.
Photographer:  Bing Guan/Bloomberg

In the never-ending quest to make the world a better place, a new idea is beginning to draw more attention: educational migration. If you want to assist someone in a poor country, why not spend extra money and help them get a good college education in the West?
Part of the appeal of educational migration is that it combines the gains from two beneficial ideas. It is not unusual, for instance, for a migrant from Africa, moving to a wealthier country, to earn 20 times the income. That higher productivity also represents goods and services produced for the consumers of the receiving country. And of course some number of those migrants may go on to win Nobel Prizes or make other notable achievements.

source

Leave a Reply

Your email address will not be published. Required fields are marked *