• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
LeadershipDonald Trump

Colleges Could Lose $700 Million a Year Because of President Trump’s Immigration Ban

By
Katie Reilly
Katie Reilly
By
Katie Reilly
Katie Reilly
January 31, 2017, 5:08 PM ET

International students and professors at U.S. universities were among those caught in the wake of President Trump’s immigration ban enacted last week: Many became stranded while traveling abroad, while others were warned not to leave the country at this time.

And while long-term immigration restrictions would have a lasting impact on university campuses, experts say they could also damage the nation’s economy as a whole.

U.S. colleges could lose up to $700 million in revenue per year if Trump’s immigration ban on seven Muslim-majority countries becomes permanent, according to a report released Tuesday by College Factual, a higher education research firm. The figure comes from student visa data and depends on whether international students pay the full price of tuition and fees, and whether all students who are granted a visa actually enroll at a U.S. school, Bloomberg reported.

Trump’s executive order on Friday suspended the U.S. refugee program and temporarily banned immigration from Iran, Iraq, Libya, Somalia, Sudan, Syria, and Yemen. But according to College Factual CEO Bill Phelan, even a temporary ban could have negative economic repercussions.

“It can have very much a permanent impact because the colleges are certainly highly reliant on the international student population on U.S. campuses, and this is certainly not a way to build confidence in parents of foreign students that are trying to effectively make a four-year decision,” he said. “I think it really causes quite a bit of concern across the board.”

Almost 16,000 students who attend U.S. colleges and universities come from countries affected by the immigration ban, according to College Factual, which cited 2015 data from the Department of Homeland Security.

During the 2014-2015 school year, international students contributed more than $30.5 billion to the U.S. economy, based on Department of Commerce data cited by the Institute of International Education, an independent nonprofit that advocates for international education.

Leaders of several U.S. universities have spoken out to oppose the ban, and students across the country have joined campus protests that mirrored those at airports during the weekend.

“Amid this widespread doubt and unease, we will continue to insist that policymakers take full account of how fundamentally our universities depend on the ability of people to travel across borders without undue constraint,” Harvard President Drew Faust said Sunday in a statement to students.

About the Author
By Katie Reilly
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.