When next year's crop of high-school graduates arrive at Oxford University in the fall of2009，they'll be joined by a new face.Andrew Hamilton，the 55-year-old provost of Yale，who'll become Oxford's vice-chancellor——a position equivalent to university presi-dent in America.
　　Hamilton isn't the only educator crossing the Atlantic，Schools in France，Egypt，Sin-gapore，etc.have also recently made top-level hires from abroad.Higher education has be-come a big and competitive business nowadays，and like so many businesses，it's gone glob-al.Yet the talent flow isn't universal.High-level personnel tend to head in only one direc-tion：outward from America.
　　The chief reason is that American schools don't tend to seriously consider looking a-broad.For example，when the board of the University of Colorado searched for a newpresident，it wanted a leader familiar with the state government，a major source ofuniversity's budget，We didn't do any global consideration，says Patricia Hayes，theboard's chair.The board ultimately picked Bruce Benson，a 69-year-old Colorado business-man and political activist who is likely do well in the main task of modern universi-ty presidents，fund-raising.Fund-raising is a distinctively American thing，since U.S.schools rely heavily on donations.The fund-raising ability is largely a product of experienceand necessity.
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