Summary:
- Fitch Ratings warns that recent U.S. F-1 visa policy changes, limiting new international students to a four-year stay and requiring extensions for longer programs, could reduce international enrollment and strain revenue for colleges heavily reliant on these students.
- Institutions with large graduate and STEM programs face increased recruitment costs and financial pressure, especially those with weaker demand, limited flexibility, and high dependence on international tuition, as international students often pay full tuition or receive less aid.
- While some colleges with sizable international populations and lower credit ratings may experience significant financial stress, Fitch expects the overall higher education sector’s credit impact to be limited due to stronger institutions’ diversified revenue and enrollment resilience.
Original article:
https://njbia.org/new-us-student-visa-rules-will-put-financial-pressure-on-some-colleges/
