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Of these, half of the founders came to the US for university[1] (25% of all unicorns). That would be a pretty wealthy or non-representative group to begin with,
by claudiulodro 2y ago
Of these, half of the founders came to the US for university[1] (25% of all unicorns). That would be a pretty wealthy or non-representative group to begin with, since international tuition is very expensive, no? As a whole, immigrants have higher poverty rates in the US than native-born residents[2], which is also an interesting data point to juxtapose with this.
[1] https://www.forbes.com/sites/stuartanderson/2022/07/26/most-us-billion-dollar-startups-have-an-immigrant-founder/ https://www.forbes.com/sites/stuartanderson/2022/07/26/most-...
[2] https://www.irp.wisc.edu/publications/focus/pdfs/foc262e.pdf https://www.irp.wisc.edu/publications/focus/pdfs/foc262e.pdf
- adarsh_p 2y agoAs I understand it, the tuition differential is only for public universities, not private ones. Private universities/colleges may cover the full financial need of international students if they cannot afford tuition. Source: I was an international student and got nearly a full ride to a private SLAC.
- bluesnews 2y agoMy understanding is that even in private universities, the magnitude of financial aid available is much less for international students because of the lack of government financing in many cases