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US universities: Chinese cohort needed to ease debt pressure

Most schools expect number of foreign students to recover from pandemic lows this academic year

The students are coming. Hundreds of thousands of fresh-faced students are descending on college campuses across the US. In their wake trail parents hauling suitcases, mini fridges and Costco-size jugs of laundry detergent.

College officials will welcome overseas students with particular warmth. There was a massive drop in foreign enrolments in 2020 and 2021. Pre-pandemic, US colleges signed up a record 1.1mn foreign students in the 2018-2019 academic year, according to the Institute of International Education (IIE). That number fell to just over 914,000 in 2020-2021.

Most universities expect student flows to recover this academic year, a recent IIE survey shows. It cannot come soon enough. College enrolments have retreated steadily over the past decade. Foreign students have emerged as a key source of income. That is particularly true for smaller, less-prestigious institutions in the US rustbelt. States such as Illinois, Ohio, and Michigan are among the top-10 receiving the most overseas students.

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