Point Loma University Writes Letter to POTUS About Immigration
In early February, Point Loma Nazarene University President Bob Brower wrote an open letter to President Trump and Vice President Pence. In the letter, President Brower, alongside Jon R. Wallace, President of Azusa Pacific University and Jim J. Adams, President of Life Pacific College, spoke about the recent immigration policies. They asked President Trump to “consider the pain that these restrictions cause for many innocent people.”
Seattle Pacific University President Responds To Trump Travel Ban
With 100 undergraduate and 60 graduate students representing around 35 countries, Seattle Pacific University may as well be considered an international university. So, it comes as no surprise that when President Trump implemented his executive order to impose a travel ban to the United States for citizens of Iraq, Syria, Iran, Sudan, Libya, Somalia and Yemen, the University didn’t remain quiet. Instead, school President Dan Martin sent a message to every international student and all students, faculty and staff with friends and family overseas. Continue reading…
San Diego And The Undocumented Worker Problem
If there were one city in the U.S. with the closest ties to Mexico, it would likely be San Diego. Not only is the city home to gorgeous beaches and towering palm trees, its southern edge sits on the American-Mexican border, specifically bordering Tijuana. Unfortunately, that could be a problem if President Trump decides to enact his pledge to deport America’s 11 million undocumented immigrants. Continue reading…
Why Should Americans Love Canadian MBA Programs?
It’s not because of the election outcome that American students should head to Canada for their MBA. For many, it should be because of diversity not only in the student body but also in the school’s programming, which often requires students to complete work in other countries. At least that’s one reason Alyssa King decided to leave Texas and go to the University of British Columbia for her MBA. “There’s quite a diverse group of professors here, and the class that they recruit is much more diverse than the classes I saw in the U.S.,” she told the Globe and Mail. Continue reading…
International Students Wary Of Potential Immigration Changes
As the wake of the recent presidential election begins to settle, among the first effects has been a possible trajectory change where international students pursue an MBA.
The Financial Times recently followed the story of Amrita Dwivedi, a marketing executive from New Delhi who has worked with Google and Deloitte. Prior to last Tuesday, Nov. 8, 2016, Dwivedi was considered several standout U.S. business schools. After the results, however, they’re rescinding those suggestions, instead opting to focus on the London Business School and Insead to pursue their MBA.
“I want to be able to work in the country where I study after graduation,” they said in an interview with FT reporter Jonathan Moules. “So it is important to be in a place that is immigrant-friendly.”
Even in Europe, however, those options may also soon become limited. Just months after Great Britain opted to leave the European Union, new Prime Minister Theresa May has already gone on record saying that the number of student immigrant visas will likely be reduced. This could also potentially impact Dwivedi’s final decision.
The potential changes come after a wave of international students joined U.S. business schools with a record number of applications at many institutions, including at Michigan Ross.
Ross’ recently hired dean Scott DeRue shared some similar concerns over what could come during a Donald Trump presidency, as the new president-elect has gone on record multiple times against many immigration policies.
“I understand and empathise with those concerns but let’s remember that most presidents campaign in poetry and govern in prose,” DeRue says.
“If there was a restriction on visas to students that would clearly be somewhat harmful to us,” adds Chicago Booth School of Business dean Douglas Skinner. Booth has seen a precipitous rise in applicants in recent years, including a double-digit percentage increase in 2016. However, Skinner notes that nearly a third of students at Booth are from overseas—a figure that’s actually lower than many other business schools across the U.S.
Shading optimism, Skinner also notes that there’s a significant chance that domestic applicants may rise in the wake of policy changes. That, and the fact that Booth has been through some tough times before.
“We have been around since 1898, and the school has survived lots of ups and downs in the economy during that time,” he says.
Questrom Professor Very Skeptical of Trump Economic Plan
Through the endless waves of scandals, soundbites and all-around misery-inducing headlines caused by the “is this over yet?” 2016 U.S. presidential election, there is still the matter of policy.
And like so many questions tossed on the mountain of concerns of a potential victory for Republican candidate Donald Trump, economic reality is becoming tough to ignore.
Boston University’s Questrom School of Business professor and former Federal Bank examiner Mark T. Williams is among many in the hesitant camp, citing the improbable logistics of Trump’s proposed economic plan. In a guest post with Business Insider, Williams plainly states, “ There is good reason few economists have endorsed Trump’s economic plan.”
“Trump claims his ‘America First’ plan will grow the U.S. economy over the next decade by a whopping 3.5 to 4 percent, generating 25 million new jobs,” he writes. “For perspective, the 1980s much lionized Reagan-era only generated 16 million. If Trump can deliver, who wouldn’t want this economic utopia? Unfortunately, his policy is not grounded in reality.”
To call Williams just skeptical of Trump’s proposed idea would be a disservice. The entire piece acts as a commanding dissection of every angle of the potential policies, from muting global trade, lowering corporate tax rates, trickle-down economics, eliminating financial regulations and even Trump’s much talked-about immigration policies.
“Further, Trump claims that restricting immigration will create economic prosperity. But history has proven this will have the opposite effect,” he writes.
“Immigration helps increase the labor pool of skilled and unskilled workers. More people working, paying taxes, buying homes, and starting new businesses lifts U.S. economic growth. Due to existing demographics, greater restrictions on immigration would only exacerbate the current labor shortage and hobble further economic growth.”
Williams, the author of Uncontrolled Risk: The Lessons of Lehman Brothers and How Systemic Risk Can Still Bring Down the World Financial System, cements his argument with a simple, “It ignores history, uses failed policy, promises what is impossible and, if implemented, would cause significant harm to an ever strengthening U.S. economy.”
