China’s economic crisis has US colleges on edge

The slumping Chinese economy is not only startling US stock traders; it is also causing jitters among another group close to home: admissions officers at local colleges, write Laura Krantz and Jacqueline Tempera for The Boston Globe.

Many universities in Greater Boston, and across the country, in the past five years have come to depend heavily on tuition revenue from international students – primarily from China. As a result, education specialists say, continued economic troubles in that country could have wide-ranging influence on local colleges’ bottom lines if fewer Chinese students can afford to attend.

“Everybody in the higher education world that has a China programme and that has counted on Chinese students to fill the coffers and make the bottom line look good is thinking of this,” said Marguerite Dennis, an international student recruitment consultant and former director of international programmes at Suffolk University, USA.
Full report on The Boston Globe site