The missing students

A W. P. Carey economist explains how a shrinking international student cohort is impacting ASU.

In this article published Oct. 17, 2025, in The Chronicle of Higher Education:

In fact, ASU gets about the same amount in general-fund appropriations from the State of Arizona as it does from overseas tuition, said Domenico Ferraro, an associate professor of economics and one of Hill's colleagues in the Office of the University Economist. With taxpayer support lagging — funding per student in Arizona remains 40% below pre-recession levels — that revenue could become more important, not less, to public institutions like Arizona State, he said.