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January 30, 2010

3.7% of Foreign Students in US contribute $18 Billion?

US: Fees worth $18 billion to economy
Sarah King Head
24 January 2010
Issue: 108

Only 3.7% of all students enrolled in American higher education institutions are
foreigners, yet they contribute nearly $18 billion to the US economy, according
to the US Department of Commerce. Most of this income is generated by tuition
and other fees.

Data compiled by the non-profit College Board reveal that annual tuition fees increased by 5.9% from 2008 to 2009 in all sectors of higher education. In the context of the worst recession since the 1930s, it is noteworthy that these figures are only just up from the average 5% annual rate of increase over the past decade.

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