SHARE! High School Exchange Program Revenue and Competitors

Educational Resource Development Trust (ERDT), a nonprofit educational foundation, was established in 1974 and has, since its inception, been successfully involved in working with international students — both individually and in groups — for short-term and long-term educational and home stay programs. In the 1970s, ERDT was primarily involved in administering scholarships for employees of foreign government agencies and multinational corporations for study at U.S. colleges and universities. In 1980, ERDT was designated by the United States Information Agency (now part of the U.S. Department of State, Bureau of Educational and Cultural Affairs) to sponsor a Teenager High School Exchange Program — our SHARE! High School Exchange Program. ERDT/SHARE! now places more than 700 international students a year with American host families while they attend local high schools. ERDT also organizes various Special Programs, including short-term home stays and outbound programs for Americans.