The Korean “Goose Family” Phenomena: Educational Migrants

Travelling thousands of miles to attend university in a more developed country is nothing new: China and India combined sent over 260,000 students to the United States in 2011, making up a staggering 36% of all international students.  It’s not surprising that these emerging economies along with other developing nations want to send their youth to highly regarded universities abroad. Surprisingly, South Korea, now a DAC donor, also sends vast numbers of students to study at universities in English speaking countries, with 73,351 in the U.S. alone.  However, South Korea distinguishes itself by not only sending university aged children, but elementary, middle, and high school children as well.

Seoul – The hyper modernized capital of South Korea.

In South Korea, the 15th largest economy with the fastest and widest broadband internet coverage, and some of the top performing students, a mass “education exodus” is taking place. An estimated 200,000 middle class families are sending their pre-college children overseas to be educated in Western countries; most often New Zealand, Australia, the U.S., Canada, and the U.K. Continue reading

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Of Doctors and Immigration: The Growing Need for International Physicians

The Supreme Court’s recent ruling on the Affordable Care Act (ACA) will have monumental implications for the future of healthcare. Beyond the political posturing and legal scrutiny the decision has inspired, the fact of the matter is that the healthcare law is here to stay. Absent of legislation to modify or repeal the law, it will remain, for better or worse. In the immediate future—implementation, not resistance—will be the mantra of Washington.

The Affordable Care Act will radically alter the landscape of the healthcare industry.

At the same time, the enactment of the law presents substantial challenges. Especially daunting will be the assimilation of an estimated 40 million Americans as they join the ranks of the insured because of the individual mandate. Simultaneously, some 75 million baby boomers hurtle toward retirement, greatly increasing the demand for health services. In addition, almost 40 percent of the 850,000 licensed physicians are 55 years or older, many of them intending to retire in the near future.

Variables such as these have put the healthcare industry on a collision course with massive labor shortages. Traditional models have projected that there could be shortages of more than 150,000 doctors over the next 15 years. The ACA only exacerbates the problem: the Association of American Medical Colleges projected that when the provisions the healthcare law are in full effect, the shortages will grow 50% worse. Many American medical schools are expanding their enrollment capacities, but even those measures will not fully close the gap. Continue reading