The loss of foreign students will impact the United States' economy, new data shared with Newsweek on Tuesday revealed.
With international students spending an average of $35,000 per year in their local communities, a 10 percent drop in this spending could lead to a $3.4 billion dent in U.S. GDP , data from economic analysis platform Implan found.
"This is not a college town problem and it's not an education state problem. It's an effect that is going to ripple through the broader economy," Bjorn Markeson, academic divisional director at Implan, told Newsweek .
"It's not going to be immediate. It's going to take some time. But it's a sizable amount of economic activity that is associated with international students, and those ripple effects are going to be felt both in communi