MBA applications fall in the wake of strict visa rules and trade war
Published Date: 9/19/2019
Source: axios.com
Business schools are experiencing continued dips in MBA applications amid heightened anti-immigrant rhetoric in the U.S. and ongoing trade war tensions, the Financial Times reports.The big picture: Stricter rules for international-student visas have discouraged foreign students from applying, along with America's increasingly anti-immigrant politics. University officials fear the issue is specifically troublesome for Chinese students — among the largest international-student population at American business schools — as the U.S.-China trade war persists.By the numbers: Stanford University cites a 6% drop in MBA applications. Dartmouth College saw a 22.5% drop in applications at its Tuck School of Business this year.Duke University saw a 14.6% drop this year.University of Chicago's Booth School of Business saw an uptick this year of 3.4%, but is still recovering from an 8.2% drop in 2018.Between the lines: Business school leaders worry stalled intake numbers could lead to program closures. Universities that recently closed their MBA programs include the University of Iowa, Virginia Tech and Wake Forest University.Go deeper: Debt-free college: Where the 2020 presidential candidates stand