WSJ: The Trump administration announced on Wednesday that it would "strongly" move to revoke Chinese student visas, a move that will have dual impacts on financial and talent loss for universities across the U.S. After the financial crisis of 2008-2009, American universities generally faced budget pressures and therefore significantly increased their recruitment of Chinese students. Typically, Chinese undergraduates pay full tuition fees, which is an important source of income for universities. American experts pointed out that a large-scale reduction in Chinese students could severely weaken the financial situation of universities and also damage America's technological competitiveness. Yingyi Ma, a sociologist at Syracuse University who studies international students in the U.S., said: "The economic impact is obvious, but the consequences of talent loss are more severe." For many years, China has been the largest source of international students for American universities. Now, the number of international students from India has surpassed that of China, but China remains the country with the most undergraduates studying in the U.S. This means that China is still the largest "buyer" of American educational-related services - including tuition fees, textbooks, etc. In 2023, Chinese students spent $14.3 billion in this area, which is 21% higher than Indian students' $11.8 billion and more than six times the spending of students from another major source of international students, South Korea. Original Source: https://www.toutiao.com/article/1833568381062156/ Disclaimer: This article represents the views of the author alone.