Understanding the Importance of English Education in South Korea and Exploring the Reasons Why South Korean Students Come to a University in the Midwest
Why South Korean Students Attend American colleges
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Why South Korean Students Attend American colleges.
Economic power of the United States. Through the foreign point of view of the economic situation of the United States, the United States may have the strongest and 13 most powerful economic status compared to any other countries. The following information proves how the American economy is powerful around the world. First, examining the percentage of the world economy is a good way to discover how influential the American economy is. According to Ahearn (2011), “The United States remains the largest economy in the world, although its share dropped nine percentage points, from 33% of the world economy between 1960 and 1972 to 24% in 2008-2009” (p. 3). So, what the GDP, the economic situation for each country, means is that “[GDP] has become widely used as a reference point for the health of national and global economies” (Callen, 2012, para. 3). Moreover, the gross domestic product (GDP) shows that the United States was the second highest ranked nation after the European Union in 2012 (Central Intelligence Agency, n.d.). However, the European Union is not one nation, so the United States is the most powerful economic country around the world. Second, as described above, there are four popular English-speaking destinations for international students: the United States, the United Kingdom, Canada, and Australia. Looking at the GDP per capita of these four countries shows these countries’ purchasing power and predicts the economic circumstances whether they are positive or negative. The GDP per capita of the United States was $49,800 in 2012, compared with the GDP per capita in the United Kingdom (approximately $36,700), the GDP per capita in Australia (approximately $42,400), and the GDP per capita in Canada ($41,500) (Central Intelligence Agency, n.d.). Therefore, based on the above statistics, it shows that the American economic GDP per capita is the highest in the four English-speaking countries. In other words, Korean students may want to come to the United States because they may 14 have a dream to have a job and make about $49,000 or above if they graduate from U.S. colleges and universities. Third, people generally know about some conglomerated companies, such as Apple, Coca-Cola, GE, Google, and McDonald’s. These companies are representative of America because their products and services are very popular and distributed around the world. Furthermore, the above companies are listed on the Fortune 500. Stangler and Arbesman stated, “Every spring since 1955, Fortune magazine has published a list of the largest public companies, by revenues, in the United States” (2012, p. 3). Interestingly, the headquarters of 132 companies, including Apple, Coca-Cola, GE, Google, and McDonald’s, are established in the United States (CNN Money, 2012). In other words, this figure shows that one single country, America, has generated enormous revenues through powerful and rich companies like the American Fortune 500 companies. According to the Partnership for a New American Economy (2011), “the Fortune 500 companies generated revenues equivalent to 73 percent of GDP [in the United States]” (p. 5). It is also noted that: “We must give existing American companies access to hire and keep the highly skilled workers from around the world. And we must stem the loss of highly skilled foreign students trained in [American] universities” (Partnership for a New American Economy, 2012, pp. 5 & 27). Taking into consideration the above statements, the American Fortune 500 companies definitely help the United States become a world economic leader and open the door for international students to come to the United States. Especially, these reasons may bring Korean students to American colleges and universities. |
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