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Are Student Exchange Programs Worth It?

Author

Listed:
  • Messer, Dolores

    (University of Bern)

  • Wolter, Stefan C.

    (University of Bern)

Abstract

The number of university students participating in exchange programs has risen sharply over the last decade, but a survey of Swiss university graduates (class of 1999 and 2001) shows that participation in student exchange programs significantly prolongs the period of time spent studying at university. Given this fact, the advantages of exchange programs for students need to be identified. Analyses show that student exchange programs are associated with higher starting salaries and an increased likelihood of opting for postgraduate study – but only if all exchange semesters are factored in, not just those accredited by the university of matriculation. Using instrumental variable estimations (IV), however, shows that the cited outcomes are not causally related to participation in exchange programs. Therefore the big question is: Where's the benefit that justifies having to study for almost a whole year longer?

Suggested Citation

  • Messer, Dolores & Wolter, Stefan C., 2005. "Are Student Exchange Programs Worth It?," IZA Discussion Papers 1656, IZA Network @ LISER.
    • Handle: RePEc:iza:izadps:dp1656
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    References listed on IDEAS

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    Cited by:

    1. Pedro Jose Perez Vazquez & Cristóbal González-Baixauli & Elvira Montañes-Brunet, 2016. "Rendimientos académicos de la participación en el programa Erasmus: un análisis empírico," Investigaciones de Economía de la Educación volume 11, in: José Manuel Cordero Ferrera & Rosa Simancas Rodríguez (ed.), Investigaciones de Economía de la Educación 11, edition 1, volume 11, chapter 14, pages 283-300, Asociación de Economía de la Educación.
    2. Luca Favero & Andreina Fucci, 2017. "The Erasmus effect on earnings: a panel analysis from Siena," Department of Economics University of Siena 762, Department of Economics, University of Siena.
    3. Dolores Messer & Stefan Wolter, 2010. "Time-to-degree and the business cycle," Education Economics, Taylor & Francis Journals, vol. 18(1), pages 111-123.
    4. Jacek Liwinski, 2016. "Does it pay to study abroad? Evidence from Poland," Proceedings of Economics and Finance Conferences 4206786, International Institute of Social and Economic Sciences.
    5. Rafael Gonzalez & Christopher Stehr, 2015. "The Effects of International Study Tours in the Decision of Students to Go to Work Abroad – The Example of the GGS’ IST to Turkey and Russia (Wplyw miedzynarodowych wizyt studyjnych na decyzje studentow o podjeciu pracy za granica na przykladzie wizy," Research Reports, University of Warsaw, Faculty of Management, vol. 2(19), pages 37-49.
    6. José Manuel Cordero Ferrera & Rosa Simancas Rodríguez (ed.), 2016. "Investigaciones de Economía de la Educación," E-books Investigaciones de Economía de la Educación, Asociación de Economía de la Educación, edition 1, volume 11, number 11, April.
    7. Jacek Liwiński, 2019. "Does it pay to study abroad? Evidence from Poland," International Journal of Manpower, Emerald Group Publishing Limited, vol. 40(3), pages 525-555, February.
    8. Ekrem Akkaya & Ayse Mumcu, 2011. "ERSAMUS Student Exchange Programs: How to place students?," Working Papers 2011/02, Bogazici University, Department of Economics.
    9. Ekrem Akkaya & Ayþe Mumcu, 2012. "Student Placement Problems: An Application to the ERASMUS Exchange Program," Bogazici Journal, Review of Social, Economic and Administrative Studies, Bogazici University, Department of Economics, vol. 26(2), pages 63-82.
    10. Rafael González & Christopher Stehr, 2015. "Participating In International Study Tours Leads To Entrepreneurial Success Abroad – A Research On The Positive Effects Of International Exchange Tours," GUT FME Conference Publications, in: Katarzyna Stankiewicz (ed.),Contemporary Issues and Challenges in Human Resource Management, chapter 15, pages 165-175, Faculty of Management and Economics, Gdansk University of Technology.
    11. Meya, Johannes & Suntheim, Katharina, 2014. "The second dividend of studying abroad: The impact of international student mobility on academic performance," University of Göttingen Working Papers in Economics 215, University of Goettingen, Department of Economics.
    12. Donald Lien & Yaqin Wang, 2010. "Optimal design for study-abroad scholarship: the effect of payback policy," Education Economics, Taylor & Francis Journals, vol. 18(2), pages 191-205.

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