Growing numbers of British youngsters could soon be making money transfers to the United States as they head across the Atlantic to gain a university degree.
Earlier this month, the Times Good University Guide reported that UK students are preparing to 'flock' overseas, with Dutch and Scandinavian universities particularly attractive due to their international academic reputations and, most pertinently, their relatively low tuition fees.
"While studying abroad has traditionally been seen as the preserve of a wealthy minority, fee increases, alongside greater provision of English-language degrees in Europe mean that it could now actually be a money-saving alternative - this is an entirely new situation," explained the guide's editor John O'Leary.
Now, the United States is also apparently keen to get in on the action, with the Federal government having launched a new website geared towards making access to US higher education institutes even easier for foreigners.
The Study in the States portal provides all the information a prospective student may need, including details on visas, the qualifications needed to get into a US university and the different courses being offered by colleges and universities across the country.
According to the US Secretary of Homeland Security, the new site is effectively a "one stop shop" for prospective students, making it even easier for them to access world-class educational facilities.
This comes as Purdue University reports a record number of international students enrolling in its programmes, suggesting many more people, including Britons, could be making money transfers to Indiana in order to support themselves through their studies.
According to the Chicago Tribune, the institution has seen international student numbers rise by 45 per cent since 2008, with this partly down to the university making itself more attractive to overseas visitors.
As well as the United States, international money transfers could be on the rise in cities such as Maastricht, Utrecht and Tampere, with the education think tank QS having tipped these to become leading destinations for British youngsters looking for good value higher education in the years ahead.