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Photo: Frederic J. Brown/AFP/Getty Images

"After a decade of booming enrollment by students from China, American universities are starting to see steep declines as political tensions between the two countries cut into a major source of tuition revenue," AP reports.

Why it's happening: The U.S trade war with China and concerns about national security risks "appear to be accelerating a trend that's also driven by growing international competition, visa complications and the development of China's own higher education system," writes AP.

  • Several universities have reported drops of one-fifth or more this fall in the number of new students from China.
  • To adapt, some schools are stepping up recruiting in other parts of the world.
  • Foreign students contribute about $39 billion to the U.S. economy and are often sought after by universities because they don't rely on financial aid.

The big picture: The decline in Chinese students studying in the U.S. is reflective of a larger trend among international students opting to go elsewhere for their studies, a trend also reflected among top business schools.

How some schools are responding:

  • The University of Illinois took out a $60 million insurance policy if enrollment of Chinese students dropped by 20% or more in their colleges of engineering or business.
  • Leigh University hired a recruiter to bring in more students from India after applications from China fell by 6% this fall.

Go deeper: U.S. revokes Iranian student visas as tensions increase

Go deeper

2 hours ago - Politics & Policy

Scoop: Kaine, Collins pitch Senate colleagues on censuring Trump

Sen. Tim Kaine speaks with Sen. Susan Collins. Photo: Andrew Harnik/AP via Getty Images

Sens. Tim Kaine and Susan Collins are privately pitching their colleagues on a bipartisan resolution censuring former President Trump, three sources familiar with the discussions tell Axios.

Why it matters: Senators are looking for a way to condemn Trump on the record as it becomes increasingly unlikely Democrats will obtain the 17 Republican votes needed to gain a conviction in his second impeachment.

3 hours ago - Politics & Policy

Scoop: Anthony Coley to lead Justice Department public affairs

Photo: Xinhua/Ting Shen via Getty Images

Judge Merrick Garland, President Biden’s nominee for attorney general, has tapped Anthony Coley, an Obama-era Treasury Department official, to serve as a senior adviser and to lead public affairs at the Department of Justice, according to people familiar with the matter.

Why it matters: As the public face of the DOJ, Coley will help explain — and defend — the department's actions, from sensitive cases to prosecutorial decisions, including the investigation into Hunter Biden.

AP: Justice Dept. rescinds "zero tolerance" policy

A young girl waves to onlookers through the fence at the U.S.-Mexico border wall in San Ysidro, California, in Nov. 2018. Photo: Sandy Huffaker/AFP via Getty Images

President Biden's acting Attorney General Monty Wilkinson issued a memo on Tuesday to revoke the Trump administration's "zero tolerance" immigration policy, which separated thousands of migrant children from their families at the U.S.-Mexico border, AP first reported.

Driving the news: A recent report by Justice Department Inspector General Michael Horowitz emphasized the internal chaos at the agency over the implementation of the policy, which resulted in 545 parents separated from their children as of October 2020.