When U.S. colleges and universities internationalize, there are policy implications branching out of the change process and affecting nearly all higher education areas within the university or college. Government, state, and local entities all have a vested interest in internationalizing in the 21st century because of the growing interconnectedness that the world now shares. Schools of business are usually one the first areas on U.S. college and universities to invest in international programming, whether for outbound study abroad students to Europe or Asia, or receiving international students for a short-term exchange program or degree-seeking opportunities.