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International students will offer a big boost to the US economy this back-to-school season

By Barnet Sherman, Professor, Multinational Finance and Trade, Boston University

Of the millions of young adults heading off to college this fall, many will be international students. If trends continue, about 1 million students from around the world will come to the U.S. to pursue higher education this year.

These young scholars make a big economic impact. Altogether, they pump more than US$40 billion into the U.S. economy and…

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