Canada is becoming a serious competitor to
the US in attracting international students:
Paying for an
international degree:
Lenders such as
Prodigy Finance not only bankroll overseas students, but they also deliver a
side benefit to Canadian business schools – a more diverse classroom
Credit Risk, Student Loans and the Global Higher
Education Market
Bloomberg BusinessWeek piece notes:
“Prodigy’s thesis: Individuals of modest means who get
into top graduate programs outside their home countries are good credit risks.
But in many cases, particularly if they’re from a developing country, they
can’t secure bank financing.”