A new economic tool created by the National Association of Foreign Student Advisors (NAFSA) and the Indiana University Office of International Services shows the positive impact international students have on the national and state economies.
In the 2011 – 2012 academic year, the 764,000 international students enrolled in U.S. institutions contributed more than $21.8 billion to the U.S. economy, creating nearly 300,000 jobs in communities across the nation. On average, three U.S. jobs are created or supported for every seven enrolled international students. States with the most jobs supported by international students include California, New York, Texas and Pennsylvania.
In Kentucky, international students have supported nearly 1,400 jobs, roughly half of which are direct. International enrollment is on the rise, with more than 6,000 students expected to enroll in Kentucky institutions by Fall 2013. In the last four years, the Commonwealth has seen a tremendous economic benefit from the increased enrollment. Between 2008 and 2013, the estimated economic benefit rose from $90 million to nearly $150 million.
International students not only contribute economic value to the institutions they enroll in; they build bridges between the United States and countries across the world, bring global perspectives into U.S. classrooms and support programming and services on campus for all students by paying out-of-state tuition.
To see more statistics, explore the NAFSA International Student Economic Value Tool here.