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A multiyear decline in foreign-student enrollment in American colleges and universities appears to be ending.
Key Points:
Background: The United States recorded its high-water mark of 644,253 F-1 visa issuances for foreign students in 2015, then saw the numbers decline steadily for the next four years, reaching 364,204 in 2019. In 2020, the onset of the COVID-19 pandemic caused issuances to plummet to 111,387. In 2021, the 357,839 F-1 issuances nearly reached pre-pandemic levels, and they’ve been increasing ever since.
BAL Analysis: There is intense global competition to attract young minds who will shape future talent pools. The increasing numbers are good news for American employers because they represent a talent pipeline of educated, diverse, skilled workers already acclimated to American life and equipped to join the U.S. workforce, especially in STEM fields.
This alert has been provided by the BAL U.S. Practice Group. For additional information, please contact berryapplemanleiden@bal.com.
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