Gaurav Khanna on how US colleges are looking to Insure against the impact of trade war | Financial Times

Gaurav Khanna discusses how public universities will be hit hardest if foreign students stay away.

“An increasing number of US universities are looking to buy insurance policies against a drop in revenue from international students, fearing they are overexposed to China at a time of mounting trade tensions between Washington and Beijing. A 10 per cent decline in new international student enrolments at US universities — which rely heavily on revenue from Chinese and Indian students — over the past two academic years has already cost the US economy $5.5bn, according to a report from Nafsa, previously known as the National Association of Foreign Student Advisers.”

Read more: US colleges look to insure against impact of trade war | Financial Times