This paper presents the results from the Forum on Education Abroad's 2008 State of the Field Survey. The Survey provides information on the funding, cost and value of education abroad that will be useful to incorporate into strategic planning. While the Survey shows that there is concern about the rising costs of and relative lack of funding for education abroad, institutions and organizations report plans to expand programs and student enrollments. 75% of respondents report that their institutions are actively trying to send a greater number of students abroad. Additionally, the Survey shows that since 2003/04, study abroad participation has increased 11% or more at 52% of institutions, and increased at least 1% or more at 87% of institutions. These ambitious institutional goals and increased enrollments signal a growing commitment for and support of education abroad programs. Further evidence for this commitment can be seen in the fact that 64% of institutions report that international education is included in their mission statements, up slightly from 61% in 2006. A special section of the Survey, conducted in partnership with the Institute of International Education (IIE), asked questions about the capacity for expanding education abroad at U.S. institutions, provider organizations and overseas host institutions. The Survey as a whole provides a useful snapshot of the current concerns and issues on the minds of the education abroad leadership, which is interesting and valuable to compare with the results from the 2006 Survey. One topic on the minds of colleagues has been the investigations into study abroad by the New York and Connecticut Attorneys General. The Survey asked questions about whether the Forum's "Code of Ethics for Education Abroad" has been useful to institutions in the evaluation of their practices. 71% of respondents report that they have used the "Code" to evaluate their education abroad practices while 31% report that their institution or organization has adopted the "Code of Ethics" as the governing ethical code for education abroad. It is significant that most institutions have not significantly changed their operations as a result of the investigations; only 17% "agree" or "strongly agree" that they have significantly changed their operations because of the subpoenas. Presumably, this indicates that institutions and organizations are satisfied that their education abroad practices are correspond well with the guidelines provided by the "Code of Ethics." (Contains 14 figures.) [Contributors include Jim Ellis, Stephen Hall, Bill Hoffa, Martin Hogan, Vija Mendelson, Chip Peterson, David Shallenberger and Paige Weting. For 2006 report, see ED538502.]