A proposed expansion of the Erasmus program, which funds student mobility across Europe, is in the works. The Irish Presidency of the European Union announced last week that it had brokered a €16 billion (approximately $20.8 billion) deal for Erasmus +, which for the first time would support international initiatives in education, training, youth and sport under a single umbrella. Under the agreement, more than 4 million people would receive EU grants for education and training opportunities from 2014 to 2020, nearly doubling current numbers.
The agreement is pending approval by the European Parliament.
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