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Brain Drain threatened

Posted By Barry Ritholtz On March 9, 2005 @ 10:04 pm In Politics,Science,Web/Tech | Comments Disabled

Over a year ago, we asked if "the balance of scientific power was shifting? [1]" The major concern was that post September 11th, we were seeing international graduate student enrollments declining [2], and that could possibly lead to a technology sector "brain drain [3]."

Those worries are apparently being realized:

The United States’ ability to attract graduate students from around the world continues to fade, with competition from abroad a likely culprit, according to a report released Wednesday. Graduate school applications from international students slipped 5 percent from 2004 to 2005, following a 28 percent decline last year, said the Council of Graduate Schools, a group of colleges and universities.

The report is sure to raise new concerns about U.S. leadership in the technology field, in part because foreigners historically have earned a large percentage of tech-related doctorates.

In a survey of its 450 U.S. members, the council found that 60 percent of responding graduate schools reported declines in international graduate applications. The council said declines were notable for students from China (down 13 percent) and India (down 9 percent), as well as for students in the fields of engineering (down 7 percent) and business (down 8 percent).

Unless this is corrected sooner rather than later, it is a very negative development . . .

Foreign-student enrollment declines [4]
Ed Frauenheim
CNET, Wed Mar 09 12:14:00 PST 2005

Article printed from The Big Picture: http://www.ritholtz.com/blog

URL to article: http://www.ritholtz.com/blog/2005/03/brain-drain-threatened/

URLs in this post:

[1] the balance of scientific power was shifting?: http://bigpicture.typepad.com/comments/2004/01/is_the_balance_.html

[2] international graduate student enrollments declining: http://news.com.com/Foreign-student+enrollment+declines/2100-1008_3-5447691.html?tag=nl

[3] brain drain: http://news.com.com/Brain+drain+in+techs+future/2100-1008_3-5299249.html

[4] Foreign-student enrollment declines: http://news.com.com/Fewer+internationals+applying+to+grad+school/2100-1008_3-5606401.html

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