NFAP study: curbs on high-skilled immigration could cost US economy up to $668 billion a year
Key points
- The study estimates a 20% fall in international STEM graduate students could cost the US economy up to $668 billion annually
- Tech companies could forgo up to 615,000 additional jobs for US-born workers
- India, China and Canada could potentially benefit
The National Foundation for American Policy's study 'The Economic Contributions of High-Skilled Immigration' estimates a 20% fall in international STEM graduate students could cost the US economy up to $668 billion annually. It says up to 615,000 additional jobs for US-born workers could be forgone, with India, China and Canada potentially benefiting.
Original report: South Asian Herald ↗AI-assisted brief; may contain inaccuracies. Rely on the original reports and official documents. For information only; not legal, immigration or insurance advice.