<p>b3tt3Rt, while there are many valid criticisms of the US, I don't think you cited a single one. It is true that the US dollar was in decline, but signs thus far are quite</a> positive. And as per the economy as a whole, is not that bad. Certainly we've seen better times, but so have we experienced much worse. Moreover, it is not the US alone facing these problems. Canada appears headed towards a [url=<a href="http://www.financialpost.com/story.html?id=552789%5Drecession%5B/url">http://www.financialpost.com/story.html?id=552789]recession[/url</a>]. Thailand, Germany, New Zealand, Japan, South Korea, and many other nations are starting significant declines at the same time we are starting to pick ourselves back up. </p>
<p>The debt is, of course not something to boast about. But it is ultimately something that can be overcome, and is one of the only serious economic issues. Others that you've selected, such as the gap in imports and exports, are natural. The US is no longer an industrial powerhouse due to anti-competitive regulations that limit businesses, forcing them to move operations abroad. Thus, there is a natural limit on what we can reasonably be expected to purchase. On the other hand, the purchasing power of the average American is high enough, and the cost of foreign made goods low enough, that imports naturally outweigh exports. There is no real need to sound the alarm over this. </p>
<p>And the happiness rankings are utter fluff. Looking at the Economist (who put us 13th in 2004, which I assume is your source, since it turned up most readily), many of the factors are absurd. The clearest example is health. Even if the average person has several health issues, their lack of wellness has no direct bearing on a healthy individual. Nonetheless, it is heavily weighted. And "community life", at least as it was explained in the BBC piece, is fine if you want to live among your family in a familiar setting your entire life. But most Americans like to move around, grow through new experiences, and change venues as needed. So factors like that also impact rankings. Moreover, while many European nations placed above the United States, many of those that Americans think of first were also well below us. For example, France, Germany and Britain finish 25th, 26th and 29th respectively.</p>
<p>Of course, all of this is irrelevant, since the OP is asking about going to college overseas, not moving permanently to another nation. Living in the short term as a university student in Western Europe, where one will likely not hold a job, start a family, ect. is far different than living there for decades on end.</p>