Source: Jason Baumgartner, GlobalHigherEd, May 13, 2009.For the 2007-2008 academic year it is estimated that international students contributed approximately $15.54 billion to the U.S. economy.The graph outlines the growth of this economic impact over the last 30 years.
Comment: That is a lot of money, but I suspect it is a huge underestimate of the real economic benefit to the United States. How much demand for U.S. products comes from the hundreds of thousands of people who were once students in the United States, developing tastes for American goods and services while they were here, who now live abroad? How much have the students who came and stayed contributed to our economy since they chose to stay? JAD
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