Given Trumps strict immigration policies, foreigners are leaving the US. A new regulation will cause foreign students to leave if their courses go online due to the temporary coronavirus situation.
These students contribute tens of billions to the US economy. A lot of students buy/rent properties near their schools for housing.
https://thehill.com/...hools-go-online
Foreigners leaving the US
Started by
risktaker
, Jul 06 2020 04:52 PM
17 replies to this topic
#2
Dex
-
- Traders-Talk User
- 2,692 posts
Member
Posted 06 July 2020 - 06:52 PM
Given Trumps strict immigration policies, foreigners are leaving the US. A new regulation will cause foreign students to leave if their courses go online due to the temporary coronavirus situation.
These students contribute tens of billions to the US economy. A lot of students buy/rent properties near their schools for housing.
https://thehill.com/...hools-go-online
Won't their leaving open up positions for US citizens to spend their money?
"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
17_16
17_16
#3
risktaker
-
- Traders-Talk User
- 434 posts
Member
Posted 06 July 2020 - 09:24 PM
I think foreign students spend much much more money than locals.
First of all, they and their relatives fly back and forth (benefiting the airlines). They visit schools to decide which ones to go (benefiting hospitality and travel industries). A lot of them have rich parents who buy vacation homes here (good for housing market).
Now they are all going to be gone.
Some of them already have houses here that need to be sold, and most have rented properties that will be vacant.
And they are going to go to other places around the world over the United States since we have super high virus numbers.
First of all, they and their relatives fly back and forth (benefiting the airlines). They visit schools to decide which ones to go (benefiting hospitality and travel industries). A lot of them have rich parents who buy vacation homes here (good for housing market).
Now they are all going to be gone.
Some of them already have houses here that need to be sold, and most have rented properties that will be vacant.
And they are going to go to other places around the world over the United States since we have super high virus numbers.
#4
humbled
-
- Traders-Talk User
- 174 posts
Member
Posted 06 July 2020 - 09:26 PM
Given Trumps strict immigration policies, foreigners are leaving the US. A new regulation will cause foreign students to leave if their courses go online due to the temporary coronavirus situation.
These students contribute tens of billions to the US economy. A lot of students buy/rent properties near their schools for housing.
https://thehill.com/...hools-go-online
Won't their leaving open up positions for US citizens to spend their money?
That is one way to look at it. Another is that the United States has been a destination for the best and brightest students around the world for many decades. They come here to a get a great education and, if we are lucky, they stay here after graduation, enriching the intellectual capital of our nation.
#5
Dex
-
- Traders-Talk User
- 2,692 posts
Member
Posted 06 July 2020 - 09:36 PM
Given Trumps strict immigration policies, foreigners are leaving the US. A new regulation will cause foreign students to leave if their courses go online due to the temporary coronavirus situation.
These students contribute tens of billions to the US economy. A lot of students buy/rent properties near their schools for housing.
https://thehill.com/...hools-go-online
Won't their leaving open up positions for US citizens to spend their money?
That is one way to look at it. Another is that the United States has been a destination for the best and brightest students around the world for many decades. They come here to a get a great education and, if we are lucky, they stay here after graduation, enriching the intellectual capital of our nation.
If they stay...right?
http://people.uncw.e...loffm/glubb.pdf
"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
17_16
17_16
#6
humbled
-
- Traders-Talk User
- 174 posts
Member
Posted 06 July 2020 - 10:28 PM
Given Trumps strict immigration policies, foreigners are leaving the US. A new regulation will cause foreign students to leave if their courses go online due to the temporary coronavirus situation.
These students contribute tens of billions to the US economy. A lot of students buy/rent properties near their schools for housing.
https://thehill.com/...hools-go-online
Won't their leaving open up positions for US citizens to spend their money?
That is one way to look at it. Another is that the United States has been a destination for the best and brightest students around the world for many decades. They come here to a get a great education and, if we are lucky, they stay here after graduation, enriching the intellectual capital of our nation.
If they stay...right?
http://people.uncw.e...loffm/glubb.pdf
More than 1.5 million foreign graduates between 2008 and 2016 stayed and worked in the US after graduation. Fifty-three percent of them with degrees in STEM fields.
https://www.pewresea...duation-surges/
Edited by humbled, 06 July 2020 - 10:28 PM.
#7
risktaker
-
- Traders-Talk User
- 434 posts
Member
Posted 07 July 2020 - 12:10 AM
Trump already have superseded future talented immigrants with indefinite visas and green card application suspensions.
Edited by risktaker, 07 July 2020 - 12:11 AM.
#8
Dex
-
- Traders-Talk User
- 2,692 posts
Member
Posted 07 July 2020 - 09:28 AM
Given Trumps strict immigration policies, foreigners are leaving the US. A new regulation will cause foreign students to leave if their courses go online due to the temporary coronavirus situation.
These students contribute tens of billions to the US economy. A lot of students buy/rent properties near their schools for housing.
https://thehill.com/...hools-go-online
Won't their leaving open up positions for US citizens to spend their money?
That is one way to look at it. Another is that the United States has been a destination for the best and brightest students around the world for many decades. They come here to a get a great education and, if we are lucky, they stay here after graduation, enriching the intellectual capital of our nation.
If they stay...right?
http://people.uncw.e...loffm/glubb.pdf
More than 1.5 million foreign graduates between 2008 and 2016 stayed and worked in the US after graduation. Fifty-three percent of them with degrees in STEM fields.
https://www.pewresea...duation-surges/
I don't see a downside to the USA. A foreign student is replaced with a domestic. A job that went to a foreign now goes to a domestic.
Considering the unemployment rate this is good for domestics. What am I missing.
When/if the USA returns to a good employment rate the policy could be reversed.
"The secret of life is honesty and fair dealing. If you can fake that, you've got it made. "
17_16
17_16
#9
pdx5
-
- Traders-Talk User
- 9,527 posts
I want return OF my money more than return ON my money
Posted 07 July 2020 - 10:01 AM
Given Trumps strict immigration policies, foreigners are leaving the US. A new regulation will cause foreign students to leave if their courses go online due to the temporary coronavirus situation.
These students contribute tens of billions to the US economy. A lot of students buy/rent properties near their schools for housing.
https://thehill.com/...hools-go-online
Which means more jobs for Americans at HIGHER salaries.
Corporations love the cheaper foreign workers on H1-B work visa. (majority are in IT field)
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#10
pdx5
-
- Traders-Talk User
- 9,527 posts
I want return OF my money more than return ON my money
Posted 07 July 2020 - 10:04 AM
Trump already have superseded future talented immigrants with indefinite visas and green card application suspensions.
BS, there is plenty of talent in United States. I observed it first hand working on my master's degree in engineering at University of Iowa (Go Hawkeyes!) The corporations simply prefer the cheaper foreign STEM workers who are willing to work at half the wages of Americans.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
