Higher Education Exports in the United States

Higher education has always been essential in any country’s economy as the more educated people are, the better the economic situation is. The latter provides a significant amount of jobs and start-ups. The same can be said about international students who have immense input in the country’s development. Firstly, many students pay for their education in the USA; consequently, it is a large investment in the economy. Secondly, most students stay in the country to continue further education or find a job with good prospects. Thus, having a high-paid occupation, former students contribute to economic development by paying taxes. Finally, some international students start their own business and establish relations with other countries as they have more advantages of doing it than an average American student. International students have different perspectives on dealing with issues; they are multilingual; thus, all these benefits help them become successful.

However, today there is a decrease in international student exchange; consequently, some colleges and universities have faced several challenges. As universities depend on such sources of income as tuition fees, international students’ shortage harms their revenues. Moreover, with new policies against China adopted a couple of years ago, many international students change their minds about entering American universities and choosing other countries. Thus, USA universities are losing crucial sources of income, and as a result, further economic development.

The U.S. politicians ignore the situation as they believe that international students might be a future danger to the economy. Another paramount concern of the politicians is a threat to national security, especially from China. As a result, new restrictions and bans have been implemented by the government. This policy is not rational because international students create many jobs and, as was mentioned above, have a significant contribution to the country’s economic development as well as the treasury. To conclude, the political agenda should be reviewed and discussed again if the government does not wish to lose important sources of income from the educational system.

Cite this paper

Select style

Reference

ChalkyPapers. (2022, February 20). Higher Education Exports in the United States. https://chalkypapers.com/higher-education-exports-in-the-united-states/

Work Cited

"Higher Education Exports in the United States." ChalkyPapers, 20 Feb. 2022, chalkypapers.com/higher-education-exports-in-the-united-states/.

References

ChalkyPapers. (2022) 'Higher Education Exports in the United States'. 20 February.

References

ChalkyPapers. 2022. "Higher Education Exports in the United States." February 20, 2022. https://chalkypapers.com/higher-education-exports-in-the-united-states/.

1. ChalkyPapers. "Higher Education Exports in the United States." February 20, 2022. https://chalkypapers.com/higher-education-exports-in-the-united-states/.


Bibliography


ChalkyPapers. "Higher Education Exports in the United States." February 20, 2022. https://chalkypapers.com/higher-education-exports-in-the-united-states/.