Illustration: Rachel Sender for APM Reports
Karin Fischer and Sasha Aslanian, APM Reports and The Chronicle of Higher Education
American higher education has long prided itself on being a brilliant beacon, attracting generations of students from around the globe. Higher education is one of America’s top service exports, generating $42 billion in revenue.
But the money spigot is closing. The pandemic, visa restrictions, rising tuition, and a perception of poor safety in America have driven new international student enrollment down by a jaw-dropping 72 percent.