Trump Administration Limits International Students to 4-Year U.S. Stay; Report Projects Up to $400B Annual Economic Loss

The Trump administration's new rule limiting international students on F visas to a maximum 4-year stay in the United States, finalized July 16, could reduce annual economic output by up to $400 billion, according to a report released July 28 by Michael A. Clemens, economics professor at Johns Hopkins University and senior research fellow at the Peterson Institute for International Economics. The projected loss represents 0.7 percent to 1.3 percent of U.S. GDP, equivalent to the entire annual economic output of Utah or South Carolina. Clemens cited analysis from the U.S. National Academies of Sciences, Engineering, and Medicine in estimating that a sustained one-third decline in international student enrollment would trigger the economic impact.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments