The last academic year was the first time that the number of international students registered at Swedish universities and colleges topped the number of Swedes studying abroad. The flood of students in and out of Sweden has increased steadily over the last several decades. But in recent years, fewer Swedes have applied to study abroad. Compared with students from other countries, Swedes more often choose to complete their entire education abroad. ⌠I can imagine that this may lead to the labour market losing accomplished Swedes who decide to stay overseas when they begin their careers. It▓s a sort of brain-drain,■ said University Chancellor Anders Flodström, who heads the agency. The Swedish National Agency for Higher Education (Högskolverket) sees the trend as a problem.