Education: Study As You Go

Like thousands of other 17-year-olds, Marie Martin and Dave Newby sweated through a College Board exam last week. Unlike most of the others, they were delightfully distant from their high schools in Illinois and Ohio. Ten miles east of the dark mountains of Communist China, Marie and Dave pondered answers in a classroom near Hong Kong. It was another fringe benefit in the maiden voyage of the International School of America, creation of Karl G. Jaeger, a budding (29) industrialist turned teacher. Tuition: $4,650 (including air fare).

Teacher Jaeger got the idea after wearying of his family's thriving Jaeger Machine Co....