Quote:
Originally posted by russellwarshay
*Don't forget... (drum roll please) ... liability insurance (and other risk management issues!)
*There is also the cost of lodging.
*Long term currency fluctuations must be taken into account.
*The cost of air fare is currently lower than normal market conditions due to the state of the post 9-11 airline industry,
*and other issues that I'm not aware of.
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I'd think the liability insurance would take a diminished role overseas. I don't pay a huge amount of attention to legal settlements in Europe, but when was the last time you heard of a case like the Fraternity being sued because a partygoer was hit by a drunk driver (who had nothing to do with the party) and lost millions? Tort reform over here is needed, but as long as lawyers run the government, I don't find it likely.
Those other issues are major issues as well.
I'm surprised that GLO-like organizations haven't sprung up in Europe though. Not surprised at all that European students wouldn't 'copy' something from the US. I've heard of similar organizations in Germany, but very little specific information.
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