Wednesday 15 September 2010

Abu Dhabi Bankrolls U.S. Students as NYU Joins Sorbonne in Gulf - Bloomberg

When U.S. teenager Anthony Spalvieri-Kruse was considering which college to attend, he got an offer he couldn’t refuse from 7,200 miles away in Abu Dhabi.

“I’m receiving a full ride to attend, including flights and an allowance of $2,000 a year,” said Spalvieri-Kruse, now ensconced in what he calls “uber-swanky” accommodation in the United Arab Emirates. “It was pretty incredible considering that I was looking at $30,000 a year from other places.”

The 18-year-old from Kalamazoo, Michigan, is among the first students at New York University’s Abu Dhabi campus, which began classes this week. The college is being bankrolled by the emirate as it tries to underpin a $500 billion development plan by more than doubling investment in education this year.

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