Regardless, it sounds like we have too many colleges and universities. Let the market sort it out. Or better yet, cut back funding and subsidies and then you'll eliminate the glut.
I have a better idea. Let's send these 600,000 Chinese students to go study in Israel.
It looks like his claim was the opposite, that lower-ranking schools depend on foreign enrollment to survive. Which I could see being true.
edit: I was wrong, Lutnick said the students would be "emptied from the top," thereby displacing enrollment upwards from the bottom 15% of colleges.
I stick by my interpretation.
Regardless, it sounds like we have too many colleges and universities. Let the market sort it out. Or better yet, cut back funding and subsidies and then you'll eliminate the glut.
I have a better idea. Let's send these 600,000 Chinese students to go study in Israel.
Oh no, that's how we got Jeet mills.