Universidad de Palermo Buenos Aires

Students, many of them foreigners, socialize between classes at the Universidad de Palermo in Buenos Aires

From liberal arts in Buenos Aires to technical colleges in Cordoba to culinary arts in Mendoza, Argentina has one of the best higher education systems in Latin America.

The country has become a magnet for foreign exchange students over the past eight years, according to Mexico’s El Universal, and Argentina tourism officials want to attract over a million students by year-end 2013.

On assignment in Buenos Aires, Jose Valles interviews dozens of international students who make up the thousands of foreigners enrolled at Argentine universities and finds the quality of education combined with Argentina’s cost of living and quality of life are an enticing combination for U.S. citizens, Latin Americans and Europeans alike. 23 year-old Colombia Ismael Esqui tells Valles, “I came to Buenos Aires from Bogota, because the same graduate program would cost 10 times more in the U.S. or Europe.”

The number of foreign students enrolled in Argentine universities has risen 97% in the past three years alone from 35,000 in 2008 to 69,000 today, and the economic impact is substantial. The Secretary of Tourism estimates foreign students are spending US$80 million per year in Argentina. That figure could rise to US$1.3 billion if the country reaches its stated goal of attracting 15% of the 7.5 million students worldwide who study outside of their home country. (Full Story in Spanish)

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