Covid-19 - Impact on Higher Education Revenue from International Students

A Review

Nisha Singh
Chandra Bhushan Singh

The effects of the Coronavirus (Covid-19) pandemic on the Academic institutions were disastrous. Universities and colleges have witnessed the unprecedented catastrophic impact of the Coronavirus. International students in the higher education sector in the United States have carved a niche in the financial contribution of higher education. The international students' share is 56% of the total tuition revenue in U.S higher education. The United States of America, Britain, Australia, and the other European states have 30% revenue from international students. Most of the tuition fees have paid by the students or their families. Scholarships, aids, or donations contribute not much from the USA to international. The international students contributed $39.5 billion to the U.S. economy in 2018, and GDP was 20.5 trillion. The International students' economic contribution is close to 2% of US GDP. Due to Covid -19, the growth of international students in the United States declined from 6.3% to 5.5 % in the above period. The declines in fees for higher education were from $188 billion in 2019 to $189 billion in 2020 and $167 billion in 2021. This paper analyzes the Covid-19 - impact on global diversity and inclusion, its prospect, its impact beyond economics, its constraints and scope, and further positive steps to overcome the current situation.

Sing, N. & Singh, C. B. (2022, May 13). Covid-19 - Impact on Higher Education Revenue from International Students - A Review [Paper]. International Conference on Global Diversity and Inclusion in Higher Education (ICGDI 2022), Clarion, Pennsylvania. https://harbor.klnpa.org/clarion/islandora/object/islandora%3A5435

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