Comment by jswelker

Comment by jswelker 3 days ago

The F1 issue is absolutely real. Foreign students have been the secret sauce in keeping prices lower for US students for a long time now. Trump 1 and now Trump 2 presidencies have created financial crises at most universities just by making vague anti immigration gestures without even materially changing student visas. Presidents and provosts routinely make desperate oversea sales pitches to try to gin up the pipeline. I know of one major state university whose entire financial existence depends on visas from a few companies in Hyderabad.

haritha-j 3 days ago

Vague isn't the word I would use to describe Trump's anti immigration gestures.

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jswelker 3 days ago

True, but with respect to the university visa system at least it is pretty vague. The ICE stuff is not targeting Chinese and Indian uni students.

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vasco 3 days ago

> have created financial crises at most universities

Those multi-billion dollar endowments are fine man, don't worry about them, they're not running out.

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jswelker 3 days ago

I'm not talking about Ivy schools. I mean regional state and private schools that educate the majority of people who attend college. These do not have multi billion dollar endowments unless you are summing them all up.

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immibis 3 days ago

At 4% a billion dollars yields 40 million per year, if you have 1000 staff that's 40k each, barely pays a salary.

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- vasco 9 hours ago
  
  Yeah and if you had 100k staff it's a pittance!
  
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qweqweqwe12 3 days ago

> Trump 1 and now Trump 2 presidencies have created financial crises at most universities

Worst financial crisis at any university was probably caused by himself at his own scam Trump University, long before he become president.

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