Though higher-education services are a major US export and a key source of domestic innovation and economic growth, this key sector is often lost in debates about trade and the current account balance. But with foreign enrollment in US universities now declining in the age of Donald Trump, Americans should not be surprised if their own tuition bills go up.
WASHINGTON, DC – America’s high-quality universities are among the key sources of its greatness. Every year, top students from all over the world vie for access to graduate and undergraduate programs in the US, and American universities occupy most of the top spots in global rankings. Moreover, the basic research conducted at US universities has been a primary driver of innovation and economic growth, as well as the source of a disproportionate share of Nobel prizes.
WASHINGTON, DC – America’s high-quality universities are among the key sources of its greatness. Every year, top students from all over the world vie for access to graduate and undergraduate programs in the US, and American universities occupy most of the top spots in global rankings. Moreover, the basic research conducted at US universities has been a primary driver of innovation and economic growth, as well as the source of a disproportionate share of Nobel prizes.