Published on : Tuesday, November 14, 2017
Out of the 77 million international visitors who traveled to the US last year – some came to experience the geographic beauty; others came to shop and be entertained, still others came for medical purposes or to attend a convention or an exhibition, and others to visit friends and family. However, a major portion of these travelers also come for educational purpose.
More than one million foreign students are matriculating in the 4,000 universities and colleges of the US. They represent over 5% of the more than 20 million students enrolled in these institutions and China accounts for about 370,000, or a third of these students. Chinese students represent a significantly larger portion of foreign students coming to the US than any other country. Chinese students contribute about $11.4 billion to the US economy in tuition fees, school supplies, housing and other personal expenses. Chinese students are helping to turn education into one of America’s top “exports” while contributing to tourism receipts and influencing the real estate market surrounding many university communities.
And this wave of Chinese students to the US isn’t likely to end anytime soon.
A Shanghai-based research firm last year reported that 83% of China’s millionaires are planning to send their children to school abroad over the next five years. Chinese students are a positive presence on the US school, college and university campuses.
Whichever school they matriculate in, Chinese students bring multiple benefits. They are generally hard-working, smart and excellent at adapting to the US culture.