FOREIGN STUDENTS WHO ASPIRE TO ATTEND ELITE U.S. UNIVERSITIES AND STUDENTS WHO ALREADY STUDY IN THE U.S. OFTEN STRUGGLE WITH THREE CRITICAL CHALLENGES
Foreign children, who aspire to pursue undergraduate (or graduate) degrees from highly- selective U.S. universities, face three intractable challenges (which, each year, are becoming increasingly difficult to overcome):
After adjusting for inflation, the cost of tuition at public and private universities increased by 3x and 2x, respectively, between 1988 and 2018.
Securing admissions to highly selective U.S. universities has never been more challenging, especially for international students and even more so from countries such as India, China and South Korea.
International students face limited opportunities upon graduation due to (i) the uncertainty of the H-1B visa lottery and thus (ii) the general reluctance for top companies to recruit international students who require employer sponsorship.
The EB-5 Program has lapsed. The US Congress is discussing the legislation that authorizes the program while USCIS reviews the regulations and policies for filing. Because of the recent court ruling that reversed the 2019 Modernization regulations, the investment level has shifted temporarily from $900,000 back to $500,000.
If the program is reauthorized before the regulations are updated, there may be another window of opportunity to file at $500,000.
LCR expects the program to be reauthorized in December, and continues to work with international families that want to explore alternative residency options.