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Nearly 20 Percent Fewer International Students Traveled to the U.S. in August

nytimes.com

81–90 of 125 posts

Re: Nearly 20 Percent Fewer International Students Traveled to the U.S. in August

#81
post #8

It's going to be a rough time for a lot of colleges that have been using foreign students paying full price to fund their operations. Especially now that the incoming college aged population is beginning to shrink and the percentage attending college has peaked, so the domestic population probably won't be able to fill the seats at less competitive colleges.

Perhaps they should tighten their belts and reduce administrative bloat. It’s not as if American society hadn’t collectively called for this for decades while tuition has risen astronomically.

It's not administrative bloat that makes colleges so expensive. "Administrative bloat" happens when a school becomes a city. Harvard/Stanford/MIT et al. cannot go back to some time when tuition was affordable while still being the research powerhouses they are.

Bigger organizations require more overhead and those costs don't grow linearly. I'm not saying that I think all those administrators are necessary or they all make things more efficient, but at the same time many of them are in place precisely because they are running an office that does make things more efficient. You get rid of one administrator and you may end up increasing the workload on everyone else by 20%, which seems like a win on paper because you lose their budget while not giving anyone else a raise. But getting rid of them made the whole organization less efficient.

e.g. My university's IT office has a huge budget and a bunch of administrators. It makes my life as a professor easier, and it gives students a better experience. It's very easy to say that the entire IT office should be eliminated to "tighten their belts and reduce administrative bloat". Which may be true, but at the same time it exists for a reason, and getting rid of it doesn't teleport us back to the 70s when campuses didn't need an IT office.

> It’s not as if American society hadn’t collectively called for this for decades while tuition has risen astronomically.

American society has called for better education, more teaching styles, more research, more technology, more subjects and classes, more majors, delivered to more students every year. There's no way we are going back, it's just not happening, the expectations are too high at this point. We can either decide maintaining these kinds of institutions are worth it, or trade off for worse outcomes and just give up on being serious about research. Seems like that's actually what this administration wants to do, but the public decidedly does not. However the public wants to have their cake (world class research institutions) and eat it too (low tuition affordable by the general public) and that's just not going to happen.

Re: Nearly 20 Percent Fewer International Students Traveled to the U.S. in August

#82
post #67
post #29

Earlier quoted context omitted.

If I’ve learned one thing from studying economics it’s that supply equals demand. If I’ve learned another it’s that prices never go down

Can you explain in this context? Because prices do go down if supply exceed demand.

Theoretically yes but not when everything has perfect pricing as seems to be the case these days.

Re: Nearly 20 Percent Fewer International Students Traveled to the U.S. in August

#83
post #29

Earlier quoted context omitted.

Perhaps they should tighten their belts and reduce administrative bloat. It’s not as if American society hadn’t collectively called for this for decades while tuition has risen astronomically.

If I’ve learned one thing from studying economics it’s that supply equals demand. If I’ve learned another it’s that prices never go down

[deleted]

Re: Nearly 20 Percent Fewer International Students Traveled to the U.S. in August

#84
post #67
post #29

Earlier quoted context omitted.

If I’ve learned one thing from studying economics it’s that supply equals demand. If I’ve learned another it’s that prices never go down

Can you explain in this context? Because prices do go down if supply exceed demand.

Education is weird as a product, because you're delivering the same experience to students but they each pay a different bespoke price. Sometimes schools even pay their own customers!

When a rich person sends their kid to school they get charged full sticker price. Then schools use some of that money to subsidize the educations of the other students. Given those dynamics, there's really no reason for the tuition sticker price to ever go down unless the uber-rich can't afford it anymore, because the actual price anyone pays is floating and can be whatever it needs to be for them.

Re: Nearly 20 Percent Fewer International Students Traveled to the U.S. in August

#85
post #42

Earlier quoted context omitted.

Some of my favorite people to meet in college were foreign students. You get to meet diverse people and learn about the world. It's only a win if college is 20% cheaper this year. It's not.

What is the cost of "meeting diverse people" and can the average US student afford that. Every benefit must be judged by its cost.

Now that full-tuition-paying international students are gone, the average US students will have even harder time affording that. Congratulations.

Re: Nearly 20 Percent Fewer International Students Traveled to the U.S. in August

#86
post #42

Earlier quoted context omitted.

Some of my favorite people to meet in college were foreign students. You get to meet diverse people and learn about the world. It's only a win if college is 20% cheaper this year. It's not.

What is the cost of "meeting diverse people" and can the average US student afford that. Every benefit must be judged by its cost.

Foreign money coming in will have to be made up elsewhere. It will be made up by raising tuition on remaining students. Schools that have a small enough applicant pool will price out their applicants and close. Likely they will be replaced by for-profit grifts that are much more affordable but don't actually do anything for the students except bilk them. The largest most international most diverse most administratively bloated schools will be fine. It's the small mostly-white rural colleges that will suffer the most.

Re: Nearly 20 Percent Fewer International Students Traveled to the U.S. in August

#87
post #42

Earlier quoted context omitted.

Some of my favorite people to meet in college were foreign students. You get to meet diverse people and learn about the world. It's only a win if college is 20% cheaper this year. It's not.

What is the cost of "meeting diverse people" and can the average US student afford that. Every benefit must be judged by its cost.

> What is the cost of "meeting diverse people"…

In this case, it's self-funding. International students subsidize much cheaper in-state tuition.

Re: Nearly 20 Percent Fewer International Students Traveled to the U.S. in August

#88
post #7
post #2

All those students, along with their talent and money and connections went _somewhere_ so that’s a shame for USA.

99% of those students were not any more talented than the average US citizen

The average US citizen voted in Trump, so no. You can't listen to his UN speech and go "that's the man to rule my country" if you're not seriously mentally impaired.

Re: Nearly 20 Percent Fewer International Students Traveled to the U.S. in August

#89
post #67
post #29

Earlier quoted context omitted.

If I’ve learned one thing from studying economics it’s that supply equals demand. If I’ve learned another it’s that prices never go down

Can you explain in this context? Because prices do go down if supply exceed demand.

The economics concept behind this is "price stickiness".

https://www.tutor2u.net/economics/reference/what-is-price-st...

Re: Nearly 20 Percent Fewer International Students Traveled to the U.S. in August

#90

Earlier quoted context omitted.

I think America will be ok.

Being okay is a lot different from maintaining academic, innovative, and cultural dominance which provides a standard of living many have grown used to.

Are you saying America was a backwater nation until non-european immigrants rescued them?
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