The New York Times reports that bright students from India and their cash are being welcomed at US universities as there aren't enough quality schools in India to absorb them.
With fewer donations and endowments being given to higher education institutions, support from emerging economies is appreciated. Will the US entice the best and the brightest to stay here and become citizens after this investment in their futures?
American universities and colleges have been more than happy to pick up the slack. Faced with shrinking returns from endowment funds, a decline in the number of high school graduates in the United States and growing economic hardship among American families, they have stepped up their efforts to woo Indian students thousands of miles away.
Representatives from many of the Ivy League institutions have begun making trips to India to recruit students and explore partnerships with Indian schools. Some have set up offices in India, partly aimed at attracting a wider base of students. The State Department held a United States-India higher education summit meeting on Thursday at Georgetown University to promote the partnership between the countries.