US colleges lose grip on vital revenue source: Asian students

Third straight drop in international enrollment fuels worries over China and India

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American universities that rely heavily on Asian students are bracing for financial pain as international enrollment declines. (Photo by Hiroyuki Nishimura)

ALEX FANG, Nikkei staff writer

NEW YORK -- American universities have a problem: Despite their best efforts to attract foreign students, fewer and fewer are coming their way.

New international enrollment on U.S. campuses -- long the preferred destination for students from Asia -- has fallen for the third consecutive year, according to data released on Monday by the Institute of International Education, a New York-based nonprofit.

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