Greek Economic Crisis Impacts Student Mobility

Posted on January 21, 2012 by Global Career Compass

We have a sweet spot in our heart for Greece- our daughter studied abroad with College Year in Athens her Junior year at Penn. The gut-wrenching economic crisis has created tremendous unrest and hardship. And it has dramatically altered the future for Greek students: see http://www.economist.com/node/21542815 for insights into the new problem of brain drain. “Since 2008, ever more young people have gone [abroad] often to foreign universities.” University graduates face dim employment prospects with youth unemployment now at 47%. In the coming decade, Greece’s population will age as its workforce shrinks – and its best and brightest build careers overseas.