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Chinese students have helped bankroll the US economy. Now fewer want to study here and it risks America's position as a global leader

In China , those failed Gaokao can also go to some private colleges similar to US community college, but those colleges are not well recognized in China and won't help you find good jobs, this is the reason many choose to get a degree abroad, Chinese employers are not very familiar with foreign colleges so even you get a degree from a not so good foreign school, you can probably still muddle through.

LOL! So why spend $100,000 on a US campus college when they can spend less than $10,000 on places like the University of Phoenix online. If Chinese companies are not familiar with US Universities 300,000+ Chinese students can save themselves $Billions just by going to one of these types of schools.


Does somebody have to constantly hold the hands of China's population to show them the way? I can save China billions just with 3 seconds of thought.
 
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LOL! So why spend $100,000 on a US campus college when they can spend less than $10,000 on places like the University of Phoenix online. If Chinese companies are not familiar with US Universities 300,000+ Chinese students can save themselves $Billions just by going to one of these types of schools.


Does somebody have to constantly hold the hands of China's population to show them the way? I can save China billions just with 3 seconds of thought.
Chinese employers don't trust online or correspodant degrees.
 
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Chinese students have helped bankroll the US economy. Now fewer want to study here and it risks America's position as a global leader​

August 30 2022

  • Interest in studying in America among Chinese students has declined steeply in recent years.
  • That's because of political tension between the US and China, the number of Covid deaths in the US, and anti-Asian racism.
  • Economists say fewer students from China could mean trouble for the US economy.
America's popularity among Chinese students has gradually declined over the last few years. It could burn financial, cultural, and diplomatic bridges for the United States.

That's according to a recent survey of 8,610 respondents on Chinese students' overseas studies conducted by Beijing-based private educational services provider the New Oriental Education and Technology Group. The researchers found that interest in studying in the US has declined steadily in the Middle Kingdom since 2015, while it's increased for the United Kingdom, Hong Kong, and Singapore in that same timeframe.

That's after a decade-plus of China being the top source for international students in the US, with numbers growing as the years passed. The influx of foreign students, most of whom are not eligible for financial aid, pay up to three times more than in-state students at public universities, effectively subsidizing costs for higher educational institutions. Economists told Insider that the number of Chinese students in graduate programs also help universities bankroll other costs.

"There are many at the master's level that are reliant on China for the revenue," Nikolai Roussanov, an economics professor at the University of Pennsylvania, told Insider.

Chinese students accounted for 35% of all international students studying in the US during the 2019-2020 academic year, contributing $15.9 billion in economic value, according to a report by the Institute of International Education's Open Doors.

But a confluence of circumstances is causing Chinese nationals to expatriate to other countries for their education, whether by choice or by political intervention. One reason is anti-Chinese immigration policies enacted under former President Donald Trump and strict Chinese COVID lockdown policies. Additionally, Chinese students report feeling deterred by high levels of American gun violence, high COVID-19 death rates, and the US' spike in anti-Asian racism, the Wall Street Journal's Sha Hua, Karen Hao, and Melissa Korn reported this month.

In addition to threatening a crucial avenue of income for private and public universities in the US, falling interest in an American education among Chinese students puts other aspects of the American economy at risk, economists told Insider. That includes the output of multiple industries including technology and finance, in addition to the cultural and political significance of international students who remain after they graduate.

"Any news about declining international demand for US education is very sensitive and should be taken very seriously, more seriously than loss of US comparative advantage in any other area arguably," Oleg Itskhoki, an economics professor at the University of California, Los Angeles, told Insider.

'If the trend continues, it's not a good thing'​

The Wall Street Journal's translation of the study shows that 51% of Chinese students surveyed wanted to study abroad in the US in 2015, a figure that gradually slumped to 30% this year. The number of students who wanted to study in the UK increased by 9% in that same timeframe, and more than doubled for Hong Kong and Singapore.

Itskhoki said that the US should be worried if it's not the world's top educational destination.

"One may argue that US leadership in the world is best reflected in two export services – that of finance and that of education," he said. The US "will remain a leader in the world as long as there is strong demand for these two services, and this may persist long after the US loses leadership in terms of total GDP, manufacturing output, and international trade in goods."

Roussanov said that there's "not necessarily going to be a big negative effect" on the economy based on current enrollment numbers, but said that the trajectory of the survey numbers is cause for concern.

"If the trend continues, that's not a good thing," he said.

Roussanov pointed to the many industries that Chinese expatriates enter and make lucrative contributions to once they graduate.

"Everything tech-related, finance, the more quantitative sides of finance, everything to do with artificial intelligence. These are the big drivers of innovation at the moment," he said.

And there's a direct link between the waning appeal of American education as a "good" to Chinese expatriates and the political and economic health of the US, Itskhoki said.

"Export of higher education services — that is, purchases of these services by foreigners — are not only crucial as an export commodity, but also in their cultural, economic and political spillover effects," Itskhoki said. The decline of "Chinese demand for US education services… may amplify over time the political and economic rift."

Jesus Christ what are we going to do!??!

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This looks like the Math Club dudes back in highschool!!!
 
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Not every news is a victory for China. Create threads wisely lest you want to embarrass yourselves.
 
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China was well on its way to actually become a top world power until Xi Jingpeng came along and made CCP his personal goon force. What you see is the result! Chinese banks going bankrupt, cities shut down repeatedly, concentration camps, great companies getting slapped around, global companies starting the move out to other countries....only beneficiaries of these disastrous CCP policies are the cyber wolves such as the ones even here valiantly but in futility blabbering to defend the undefensible .

China is such a great country and these CCP tyrants have started destroying it.

Like I said, let us be generous in our estimates. :D







Well, one can only do so much with an abacus. :D
The real loss is the brain power we lose. A good %age of the students from China end up becoming really good scientists , startup founders and academicians. It will be lost for the humanity because I doubt if they can accomplish even a fraction of their potential under the CCP goons
 
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"Chinese students have helped bankroll the US economy."

Well, let's see. Assume 500,000 students, each spending $100,000 on fees and another $50,000 for luxurious student living. (I know, I know, but let us be generous in our estimates.)

500,000 x 150,000 = $75 billion. (At most. If that.)

In a $23 trillion economy, that is about 0.33%, roughly one third of one percent. Bankrollers? Hardly. :D

the numbers are more like 335,000. A significant number are STEM graduate students who are funded by the US taxpayer

Then why they worry so much?

Fortune magazine reported an 18% decline in the number of Chinese students’ applications for US universities for the 2022 academic year, compared with 2021. The US Student and Exchange Visitor Program issued a report in April, saying there were 348,992 Chinese students in the United States last year, 33,569 fewer than 2020.

Decline in Chinese Students in the US Is a Bad Sign

Polls in China show that younger people — those born in the 1990s and later — have a more negative image of America than their parents do.

By Adam Minter
2022年8月15日 GMT+8 20:30

China's ambitious students and their parents once dreamed of acquiring an American university education. Now that dream is dying.

During the first half of 2022, US student visas issued to Chinese nationals plummeted more than 50% compared with pre-pandemic levels, according to a Thursday report in the Wall Street Journal. The US isn't directly limiting the number of visas. Rather, China's Covid restrictions, combined with the increasingly unfavorable opinion of the US held by younger people, are giving the Chinese second thoughts about a US education.

This is bad news for financially strapped US educational institutions, many of which rely on international students paying full price. But more will be lost than billions in tuition.

Chinese with experience living and traveling in the US generally have a better opinion of the country than those who don't. As their numbers decline, the US and China alike lose a crucial means of bridging the bitter relationship between rival superpowers.

China's infatuation with US education has paralleled its economic opening. In 1978, Deng Xiaoping announced his intention to send “thousands or tens of thousands of students to receive overseas education.” His goal was to rebuild China's scientific community and acumen after the destructive, anti-intellectual excesses of the Cultural Revolution.

In 1978, the first 3,000 students and scholars went abroad. From the start, US institutions were a top destination: 1,000 Chinese students enrolled for the 1979-80 academic year.

The attraction was multifaceted. US science and engineering programs were top-ranked, and students were ensured of good career prospects after graduation. American affluence and lifestyles, often conveyed via films, music and other cultural products, added to the allure.

So, too, did perceived political and economic instability in China. During the 2003-4 school year, 61,765 Chinese students enrolled in the US, a little over 10% of the total population of foreign students.

As China became more affluent, sending a child abroad to study became an attainable middle-class aspiration . For many families, it also became an implicit rebuke of a Chinese university admission system that prioritizes a single test — the gaokao — over academic and extracurricular achievements.

Admission to an overseas higher education program doesn't require the gaokao, and thus became an attainable way to circumvent the system. During the 2009-2010 school year, 127,628 Chinese nationals enrolled in US institutions; for 2019-2020, there were 372,532 — nearly 35% of all foreign students in the US.

Early on, it became apparent that most Chinese students weren't returning home. But rather than harangue or require students to go home, the Chinese authorities evolved to see an educated citizenry abroad as an asset (sometimes referred to as “storing brain power overseas”).

Overseas students and graduates were encouraged to start companies and invest back home. Less benignly for the US, they were also engaged in pro-China advocacy groups and in technology and financial transfers via foreign direct investment, joint ventures, talent acquisition and espionage (the volume of espionage remains a matter of debate). Over the years, these transfers became a matter of deep concern to US business and government officials.

But to a large extent these students were also viewed as means of diplomacy who might, in the words of then Chinese ambassador to the US, Yang Jiechi, “promote exchanges and cooperation between the countries.”

That certainly was the case in the 2000s and early 2010s, when I lived in Shanghai and when survey data suggests Chinese regard for the US was at its peak. Young Chinese who'd studied in the US played active roles in business, educational networking organizations and philanthropy, and were mainstays at restaurants, bookstores and other recreational venues frequented by expatriates.

This wasn't entirely surprising: Survey data published earlier this year shows that Chinese (especially younger Chinese) with experience studying or traveling in the US have more positive attitudes toward it. At best these interactions promoted more investment, tourism, student applications, and ultimately partnerships, friendships and hard-to-sever commercial and personal ties.

Those ties and positive impressions have been tested over the last decade. Geopolitics, especially over disputed territories like Taiwan, have soured many Chinese on the US. Meanwhile, the admiration that many Chinese had for American political, social and economic stability has been undermined by news — often amplified by China's ubiquitous state media — of deepening race and class issues, gun violence and urban crime.

Finally, the Donald Trump administration's needlessly confrontational attitude toward the academic exchanges continues to exact damage — initiatives that restricted or even barred Chinese researchers and students from the US, or subjected Chinese and Chinese-American scientists to criminal investigations based on their ethnicity.

Late 2021 survey results found that 62% of Chinese polled had a negative perception of the US. Even more disturbing, these results and others show that younger Chinese — those born in the 1990s and later — tend to have a more negative image of the US than their parents do.


Tomorrow if we issue green cards to all Chinese students on student visa the numbers will reverse. A significant number of Chinese who study abroad will stay abroad if they have a chance.
 
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Then why they worry so much?

Fortune magazine reported an 18% decline in the number of Chinese students’ applications for US universities for the 2022 academic year, compared with 2021.

Since apparently these students are mostly in State colleges nobody should be crying at all since state universities are subsidized heavily so the local populations don't have to fork over big bucks to go to private universities. Filling them up with foreign student is ridiculous.
 
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