Im really considering educating my boys for college in the West Indies or overseas somewhere....
Well I do have friends that went to college in England and Scotland. But I've met too many people from foreign countries that studied in the US (including college friends) and they tell me about how at the university level we still reign supreme by and large. I mean you have great schools all over the world, but no other country has such a large concentration of them. Those schools get the best international professors and domestic professors so I don't know if it's necessary unless you want the experience of studying in another part of the world. I mean even Stilgitz teaches at Columbia's School of International and Public Affairs.
That's one of the reasons why I think our policy of only giving individuals who study in the US those 6 years to stay here until they finish their studies really stupid. I think if they come here and get an American degree, they should be able to stay here and benefit the US economy. We're essentially subsidizing our competition.