Study Abroad while the Dollar is Strong
The US dollar is strong and it's time to make an investment in your future. The American economy is showing real strength and the dollar has immense buying power compared to almost all worldwide currencies, especially the Euro.(1) You don't need to be an economics major to know that when the exchange rate is good, you can get more bang for your buck! International travel is a great thing to do when the dollar is strong, so why not study abroad for a semester? CISabroad has plenty of programs in countries where the exchange rate is amazing! Take a look at our program offerings and how much you can save. It's time to study abroad while the dollar is strong!
The following chart from The Washington Post shows how much more the dollar can get you around the world in the past year.
The Euro has fallen to a 12 year low in the recent months, and it's not expected to stop any time soon. The Deutsche Bank expects the euro to keep falling to 90 U.S. cents by the end of 2016 and 85 cents by the end of 2017. (2) While that may be bad news for international investors, it's great news for those traveling overseas! We have programs in the following countries that use the Euro, and at 1 Euro to 1.08 US Dollars you'll be able to maximize your study abroad experience without breaking the bank.
Australian and New Zealand currencies are also down against the strength of the US dollar. 1 US Dollar is equal to 1.29 Australian dollars and 1.32 New Zealand dollars. When the exchange rate in these countries is usually not in Americans favor, now is the time to head down under for a study abroad adventure!
Studying abroad is a life changing experience, and often times money can be a barrier to that. The positive exchange rates can help to lighten that burden, and allow for a semester abroad of your dreams. Here at CISabroad we want to make sure your trip is affordable. Contact us to find out about ways to reduce your study abroad costs.