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Latest NAFSA Analysis Shows Pandemic Will Cost U.S. International Education More Than $4.5 Billion; tens of thousands of American jobs

Latest NAFSA Analysis Shows Pandemic Will Cost U.S. International Education More Than $4.5 Billion; tens of thousands of American jobs
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WASHINGTON, Could 21, 2020 /PRNewswire/ — NAFSA: Affiliation of Worldwide Educators performed a survey in early April of senior management at U.S.-based greater schooling establishments and worldwide schooling organizations to gauge the monetary impression of COVID-19 on the sphere of worldwide schooling.

Outcomes point out that U.S. greater schooling general has doubtlessly misplaced practically $1 billion because of shortened or canceled research overseas applications and spent roughly $638 million in monetary help for worldwide college students, students, school and workers who remained on campus when programs moved on-line. Responses additional estimate that U.S. greater schooling will lose at the least $three billion because of anticipated worldwide scholar enrollment declines for fall 2020. With out congressional motion and monetary aid to help worldwide schooling, it’s estimated there can be a lack of greater than $4.5 billion to U.S. greater schooling and tens of hundreds of American jobs.

“With journey restrictions, visa delays, and financial instability worldwide, COVID-19 has been extremely dangerous to the sphere of worldwide schooling,” mentioned Esther D. Brimmer, Government Director and CEO of NAFSA: Affiliation of Worldwide Educators. “We want Congress to help laws defending worldwide schooling to save lots of American jobs and guarantee U.S. college students stay globally aggressive at a time the place we can not afford to lose our aggressive edge.”

Detailed survey outcomes:

Examine Overseas

Worldwide College students

Worldwide Students, College, Employees

Different Destructive Monetary Impacts

To mitigate the pandemic’s harm on the worldwide schooling area, and to place its restoration when it’s protected for American college students to check overseas and for worldwide college students and students to return to the U.S., NAFSA has ready a number of requests to Congress. These embrace requests for coverage adjustments, similar to waiving the in-person interview requirement for visas, and direct monetary help totaling $46.6 billion. Advocates of worldwide schooling ought to contact their members of Congress to induce their help for these measures.

For the complete report and methodology go to www.nafsa.org/COVID19Survey. 

About NAFSA: With greater than 10,000 members, NAFSA: Affiliation of Worldwide Educators is the world’s largest nonprofit affiliation devoted to worldwide schooling. Go to us at www.nafsa.org/press. To study extra about our advocacy efforts on behalf of worldwide schooling, go to www.ConnectingOurWorld.org. Sources to information our members on these points might be discovered at www.nafsa.org/reginfo.

 

View authentic content material to obtain multimedia:http://www.prnewswire.com/news-releases/latest-nafsa-analysis-shows-pandemic-will-cost-us-international-education-more-than-4-5-billion-tens-of-thousands-of-american-jobs-301063781.html

SOURCE NAFSA: Affiliation of Worldwide Educators



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