Originally published in International Education Magazine, May/June 1989. Used with permission of Michael R. Czinkota and International Education Magazine.
A Novel Idea from the U.S. Commerce Department
An innovative program that would increase the number of U.S. students studying in the Third World has been proposed by Michael Czinkota, Deputy Assistant Secretary for Trade and Information Analysis of the U.S. Department of Commerce.
In his report, Improving U.S. Competitiveness: Swapping Debt for Education, Czinkota outlines how the Third World debt held by U.S. banks could be used to finance study abroad ...