ECONOMY + SOCIETY

The economics of study abroad

TF x FLORENS 2012
by Alexandra Korey  (issue no. 168/2012 / September 13, 2012)

There are many students arriving this September anxious to explore a new city, culture, and nightlife options. But how many of them have considered the economic and cultural impact of their three- or four-month stay in Florence? Study abroad is an extended form of cultural tourism that, beyond personal and educational benefits for the student, also benefits the local economy.

 

 

In the nineteenth century, young people went on the Grand Tour of Europe, a trip that might last months or years, and that included Florence, Venice and Rome as part of the goal of understanding the legacy of antiquity and the Renaissance in their own culture. In part due to this heritage, in part due to the historical presence of numerous programs in Florence and Rome, Italy is the now the number two destination of choice for U.S. study-abroad students; Florence alone welcomes 8,000 of them per term.

 

The general literature on study abroad often touts the personal growth benefits to students, including preparation for the working world. Testimonials speak clearly. Joanna Sandager, who completed a master's program in Florence in 2012 and is now working at Atlantic Media, says that her experience abroad was an asset during job interviews: ‘Employers in America love interviewing candidates about challenges they have faced and how they have overcome them. Studying abroad provided me with a breadth of anecdotal challenges ... I can navigate a foreign country and tackle problems in a different language.'

 

The economic and social benefit of education abroad to the host city, however, is seldom mentioned. In fact, study abroad in Italy is a 400 million euro industry, with a calculated 632 million euro in indirect revenue, according to a 2008 study by IRPET for the Association of American College and University Programs in Italy (AACUPI). In Florence, the city also benefits in other ways from this extended contact: ‘The intercultural interaction between our students and faculty and the Florentine realities in every area of daily life keeps Florence in touch with today's global challenges, which are tomorrow's immediate objectives for development,' says Portia Prebys, president of AACUPI. Furthermore, there is a form of cultural and economic income that is even more difficult to calculate: the contribution of study-abroad students through subsequent visits, continuing or graduate study, or through long-term residency or immigration.

 

Unquestionably, an extended stay in the country develops loyalty: 87 percent of those who studied in Italy say they plan to return. Aimee Bateas, who graduated with a master's from James Madison University in 2011 and now works in London, UK, is planning to visit soon with a friend: ‘Now that I have a steady income, I'll be able to go back to Florence and experience things that I wasn't able to when I was living there. I also plan on purchasing some great Italian leather boots that were too expensive to buy as a student.' Indeed, as a high percentage of these travellers will be employed university graduates, we can expect that their expenditures will be superior to those of students, and more informed or sustainable than those of the average tourist.

 

Some graduates may even have sufficient income to give back to their university's program, like Del Martin, a consultant in philanthropy and alumnus of the University of Georgia's Cortona program in studio arts. She set up an annual scholarship for the program and solicits donations from other alumni: ‘We have found that most of the people involved with the program have a passion about it and about Italy, as well.'

 

Some study-abroad students who have remained in Florence or have returned here after further studies have developed impressive careers in the creative industries, thus contributing in an active way to the country's economy. Devorah Block came to Florence for a master's degree in art history at Syracuse University in 2005 and is now coordinator of educational activities at Palazzo Strozzi, where she says her native language skills, combined with her education, have provided her with a competitive edge. She plays an integral role in the communication of the content of exhibits at Palazzo Strozzi, which has a direct effect on approximately 300,000 visitors of all ages and is part of an important cultural and economic machine: Fondazione Palazzo Strozzi has an impact of more than 25 million euro on the city, according to a 2010 study by the Boston Consulting Group.

 

Another former study-abroad student who is contributing to the creative industry of the city is Lisa Friend, who graduated from the Conservatorio di Santa Cecilia in Rome in 1981 (she is a flautist) and has been teaching the history of opera at many universities in Florence. For the Maggio Musicale Fiorentino, she created and produced the children's educational program, OperAzione: Do You Speak English, an initiative that involved the collaboration of numerous American education-abroad programs and over 2,400 local children in sold-out performances. Friend spoke about this experience at Florens 2010.

 

People like Block and Friend are part of the inestimable benefit of study abroad on the city of Florence: they have become exceptional ambassadors of positive and authentic aspects of Italian culture. To a lesser degree, many students play this role when they accompany visiting parents and friends around Florence and Italy, proudly repeating the lessons of their professors and explaining aspects of everyday life that they have observed.

What are the elements that make up Italy's cultural landscape? And how can they be preserved, promoted and funded so that other visitors may have positive experiences that affect the country's culture and economy in ways similar to that of study abroad programs?

 

Such questions will be explored during Florens 2012. From November 3 to 11, 2012, students, professors and any who interested may attend the free talks and related events on these themes. Indeed, the conversation has already started on twitter, with the hashtag #florens2012, and on the Facebook page: www.facebook.com/eventoflorens

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