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New NAFSA Data: Despite Stagnant Enrollment, International Students Contribute Nearly $41 Billion to the U.S. Economy

WASHINGTON, Nov. 18, 2019 /PRNewswire/ --A NAFSA: Association of International Educators announced new data today that show that the more than one million international students at U.S. colleges and universities contributed nearly $41 billion to the U.S. economy and supported 458,290 jobs during the 2018-2019 academic year. This represents only a 0.6% increase in job support and creation and a 3.8% increase in dollars contributed to the economy from the previous academic year.
New NAFSA Data: Despite Stagnant Enrollment, International Students Contribute Nearly $41 Billion to the U.S. Economy
NAFSA Executive Director and CEO Esther D. Brimmer stated the following about the new data:"The United States is strengthened by our long-standing commitment to academic exchange. This latest economic value analysis demonstrates the vast economic benefits international students and their families bring to the United States. Beyond this economic contribution, international students bring countless academic and cultural benefits to our classrooms, our communities and our country. International students and scholars create jobs, drive innovation, enrich our classrooms, strengthen our national security, and become our best ambassadors and allies around the world."Further analysis showed that for every 7 international students, 3 U.S. jobs are created or supported by spending in the following sectors: higher education, accommodation, dining, retail, transportation, telecommunications and health insurance. According to the U.S. Department of Commerce, education currently ranks as the nation's 5th largest services export, larger than business travel.
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