Trump administration wants schools to pay $70,000 fee for each international student in the OPT work program, as new foreign enrollment falls 17%
Source: Fortune ·
Schools would also face a $30,000 renewal fee under the proposal, which targets a work program popular with international STEM graduates.
From the source
The Department of Homeland Security on Wednesday proposed a $70,000 fee for international students seeking to work in the United States, the latest effort from the Trump administration to crack down on foreign enrollment. A proposed rule would require schools to pay the fee for every student who participates in the optional practice training program, known as OPT, which allows students to work in jobs related to their major during or after their time in school. Students are generally eligible for one year of work post-graduation, though certain science, technology, engineering and math majors are eligible for an additional two years. Schools would be required to pay the $70,000 for each new student’s initial application to the program, and a $30,000 fee for each renewal. Change would be a blow to higher education and some businesses American colleges and universities heavily recruit students from overseas as a source of tuition revenue. Tech companies and other industries also hire…