Four Shrinking Universities that Major in Foreign Students
By David North on February 13, 2020
For reasons unknown — certainly not because of actions taken by the Department of Homeland Security — four universities that major in foreign students, and provide them with federally subsidized work permits, have shrunk in one way or another in the last couple of years.
These work permits, through the Optional Practical Training program, give employers an 8 percent tax break for hiring new alien college graduates, rather than citizen ones. It is, of course, good news that the volume of OPT permits from these places is declining, but the puzzle remains.
All four of these universities have (or have had) as their accreditor the Accrediting Council for Independent Colleges and Schools (ACICS), the least demanding of the accreditors; all had trouble with regulators and/or accreditors; and all, by one or more measures, are shrinking in size. In three cases, the reduction was expressed in rapidly falling revenues, while in the fourth, Virginia's Stratford University, a for-profit whose finances are hidden, it reduced the number of campuses it operates in the United States.
https://cis.org/North/Four-Shrinking-Universities-Major-Foreign-Students
