If international students stay home, the U.S. economy will suffer greatly – UPI.com (Me: Trump’s dummy ego policies costly to US)
A $44 billion economic impact
Higher education is America’s 10th-largest export, according to the Bureau of Economic Analysis. (Yes, even though students are coming into the U.S. for their education, economists consider it an export.)
Last year, U.S. colleges and universities attracted international students from 217 nations and territories, including one student from the island nation of Niue in the South Pacific. Their economic contributions added up to more than the value of U.S. telecommunications, computer and information services exports combined.
While the national impact is impressive, the effects at the local level are even more important. After all, nearly every city across the United States has at least one institution of higher learning.
The average international student brings a wallet stuffed with about $29,000 to spend on everything from tuition to pizza. As these students rent apartments, buy books and order DoorDash delivery to fuel all-nighters, they’re pumping money into the local community.
Source: If international students stay home, the U.S. economy will suffer greatly – UPI.com
