Can anyone see a flaw in this argument? I think it is flawed:
Source: http://www.nytimes.com/2011/01/24/world ... .html?_r=1
Allure of business schools in Europe appears to grow
While the United States remains the top destination for aspiring business school students, institutions throughout Europe are drawing an ever-increasing number of students from both within and outside the continent, according to a new report.
The key findings from the report were issued Jan. 11 by Graduate Management News, the newsletter of the Graduate Management Admission Council, a nonprofit organization that administers the Graduate Management Admission Test. The full report, the European Geographic Trends Report, is to be issued in February.
The report, which based its findings on the number of GMAT score results sent by students to schools, said that European schools received more than 85,000 GMAT scores, an increase of 90 percent since 2005.
The total number of GMAT scores sent worldwide only increased by 30 percent over the same five-year period.
The report also showed that, for the first time since the creation of the GMAT in 1954, the percentage of Europeans that sent their scores to U.S. schools dropped below 40 percent.
Germany remained the European country with the largest number of people taking the GMAT, ahead of France, while Russia overtook Britain to take third place.
The report found that Britain, France, the Netherlands and Spain remained the top European destinations, and received about 80 percent of all GMAT scores sent. — FRASER COHEN
Founder of GMAT Club
Just starting out with GMAT? Start here... | Want to know your GMAT Score? Try GMAT Score Estimator
Need GMAT Book Recommendations? Best GMAT Books
Co-author of the GMAT Club tests
Find out what's new at GMAT Club - latest features and updates