The 2023-24 academic year in the United States saw a record number of international students, with over 1.1 million students attending colleges and universities across the country. The increase was mainly driven by graduate students and recent graduates in internship-type programs. The surge in international enrollment marked a full rebound from the pandemic-related drop in numbers. However, concerns arise about potential threats to this growth under the incoming Trump administration. Despite the uncertainty, international students have historically contributed significantly to the U.S. economy and culture, with bipartisan support for their presence. Additionally, the number of Indian students exceeded Chinese students for the first time in 15 years, with India and China contributing over half of all international students in the U.S. during the academic year.
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Tesla profit slumped in second quarter, a sign Musk is hurting the brand
Tesla's sales and profits continued to decline, with revenue dropping 12% and profits falling 16% in the latest quarter, as buyers increasingly turn to more affordable competitors amid concerns over CEO Elon Musk's political activities. Additionally, Tesla faces challenges from reduced EV tax credits and competition from brands like BYD and Volkswagen, impacting its market share and revenue from carbon credit sales. Want More Context? 🔎
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