en تخصصي Special پژوهشي Research <div style="text-align: justify;"><span style="font-size:14px;"><span style="font-family:Source Sans Pro;"><span style="line-height:normal">With China&rsquo;s economic development and the internationalization of higher education, more students in China, particularly the younger ones, are choosing to study abroad. This study examines their reasons for choosing international over domestic education and evaluates their preferences using an economic model incorporating human capital and consumption behavior theories. The models evaluate both the long-term benefits and immediate gratifications of studying abroad. A survey data from senior high school students across seven Chinese cities shows that under self-funding, factors including economic returns, consumption values, pricing, and financial constraints significantly drive the intention to study abroad. However, when studies are financed through loans, only the impact of consumption benefits remains significant. This trend underscores a concerning pattern in China, where poor financial decisions related to international education lead to poverty. It is essential to highlight the financial risks and potential consequences associated with excessive investment in overseas education, especially when undertaken without adequate support or careful planning.</span></span></span></div> Consumption, Investment, Overseas Higher Education, HE in China, Cost, Benefit 48 66 http://johepal.com/browse.php?a_code=A-10-790-2&slc_lang=en&sid=1 Jinyan Zhou 10031947532846002527 10031947532846002527 No Beijing Normal University Jiangyan Xu 10031947532846002528 10031947532846002528 No Beijing Normal University Yaxing Zhang 10031947532846002529 10031947532846002529 Yes Beijing Normal University Changhong Zhong 10031947532846002530 10031947532846002530 No Tianjin Normal University