I'm an MBA admissions consultant. My international clients are still applying in droves to US schools.

The author taught her kids early about the true cost of college.

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• Scott Edinburgh is still advising international students to apply for MBAs this year.
• US MBA programs can offer more networking and job opportunities than their European counterparts, he said.
• Sitting on the decision to apply for too long may hurt a candidate's acceptance chances.

This as-told-to essay is based on a conversation with Scott Edinburgh, a Boston-based MBA admissions consultant.