agold wrote:
Are any other Americans ecstatic about the exchange rate? $1.4778 USD to 1 GBP. Unheard of. When I was in London a few years ago it was hovering between $1.8 - $1.9. I may actually have to apply to LBS now
The fees and tuition for the full 2 years are $67,239. This is a bargain compared to the American schools! It's even cheaper than UCLA's in-state rate.
Does anyone else foresee a huge spike in Round 2 applications due to this?
Funny you mention this, some Americans here in the program are either really pissed or happy. The pissed ones are those who paid the full year tuition in September when the exchange rate was really **** ($1.8 per pound). The happy ones are those who decided to pay in two installments at later dates for an additional £250, which will now save them thousands.
Not sure how this will impact R2 apps. R1 apps were up only 10%, which isn't too bad, though most apps are received in R2 (even R3 has more apps than R1). On the other hand, I wouldn't just apply to LBS b/c of the weak pound. Who knows how the exchange rate will look like in Sept 09...