The Art of Backpacking (AOB) had an interesting take on Effects of Long Term travel. While their perspective is on a more constant movement from one location to the next, some of the pros and cons carry a lot of weight with studying abroad.
AOB points out that finding an affordable hostel in each location can be a pit fall for many travelers and wastes precious time that could be used for exploring. They also point out that friends are short term, and language barriers are annoying.
Fortunately being in one location that provides prearranged affordable host family or student housing accommodations, and having a centralized community at the language school combats a lot of the negative aspects, while still taking advantage of all the positives.
One could also easily study in multiple locations as we have pointed out here on several occasions. This allows our language students to see the world, while still getting the comfort of a home base and school that provides assistance with activities and excursions. Plus, most students study abroad on their own, so they are looking for other people to meet up with and do things outside of class.
Studying abroad also gives you a daily purpose to get up in the morning for learning. Other travel can leave you wondering what to do next and it may take till noon to figure it out. With our programs your mornings are cover with Spanish instruction with your afternoons wide open to explore the new location for your chosen adventure. You also have weekends open to enjoy the nightlife and venture abroad to other neighboring cities or sites of interest.
When I studied abroad, I liked the structure of the instruction in that I didn't feel like I was stuck in class all day, but still had morning instruction to give me a base to learn something new and then get to go practice it in real world situations. While there are always going to be some disadvantages to travelling compared to staying at home in your comfort zone, the positives can quickly be felt from the new friends, exciting adventures, and learning language skills that can be used both in your every day and professional life.