International students contribute $38.7 billion to the U.S. economy in the 2019-2020 academic year From NAFSA

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The following is the International students contribute $38.7 billion to the U.S. economy in the 2019-2020 academic year From NAFSA recommended by recordtrend.com. And this article belongs to the classification: global economy .

According to the latest “open door report” released by the International Association of professional educators (NAFSA) on Monday, the number of international students enrolled in American universities dropped by 1.8% to 1.08 million in the academic year of 2019-2020, the largest drop in 16 years and the third largest decline in the history of the report in nearly 70 years.

“It’s mainly driven by the unpopular message from the federal government led by trump,” said Donald Heller, a professor of education at the University of San Francisco

According to the report, international students contributed $38.7 billion to the U.S. economy in the 2019-2020 academic year, down from nearly $41 billion in the previous academic year, the first decline in more than 20 years.

The number of foreign students from Saudi Arabia fell by 16.5%, the largest drop of all countries.

Affected by the new crown epidemic, the number of international student enrollment in American universities is expected to decline even more this academic year (2020-2021). According to data released this month by the national student clearinghouse Research Center, the number of undergraduate and graduate students enrolled in the fall semester fell by 15% and 7.8%, respectively.

More reading: NAFSA: 1.08 million international students enrolled in American universities in the 2019-2020 academic year The biggest drop in 16 years in the 2017 US International Student trend survey report: the biggest strength of US economic growth comes from domestic consumption. Bureau of economic analysis: in Q1 2014, the US GDP shrank by 1% and the National Business Economics Association: according to the survey, the U.S. economy has a quarter chance of falling into a double Valley recession, and online shopping performance has soared. Has the U.S. economy really recovered? Challenger, gray & Christmas: in October 2017, 137000 new employees were recruited in the US retail industry, setting a new low since October 2011. Bank of America Merrill Lynch: the U.S. economy will come out of the correction period in 2014. Five charts track the process of reopening the U.S. economy. BlackRock: the key figure in 2020 is 1.8 Bank of America: the U.S. economy is reopening. What is the situation? Five Real-time charts show that the U.S. economic recovery is faltering, the worst economic report card in U.S. history

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