The Indicator from Planet Money How much international students matter to the economy
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May 1, 2025 International students in the U.S. are facing a wave of visa revocations, prompting many to reconsider their educational journeys. These students contribute a staggering $44 billion to the economy and support nearly 400,000 jobs. Their potential departure could leave a significant economic void. Personal stories reveal the challenges posed by shifting immigration policies, including the anxiety of relocating and even transporting pets. The narrative illustrates the complex interplay between education, economy, and the future of bright minds seeking knowledge abroad.
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Valentina's Self-Deportation Story
- Valentina, a Venezuelan physics PhD student at NYU, chose to leave the U.S. for Oxford University due to safety fears amid visa crackdowns.
- She plans the challenging move of shipping her cat separately, illustrating personal tolls on international students.
Economic Impact of International Students
- International students contributed $44 billion to the U.S. economy last year and supported nearly 400,000 jobs.
- They pay full tuition and living expenses, subsidizing U.S. students and helping universities amid declining domestic enrollment.
International Students Fund Universities
- Schools rely heavily on international student fees, which make up about 12% of tuition at public universities.
- International enrollment growth offsets a 2 million decline in U.S. domestic student enrollment over 10 years.