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Trump Vs Biden: What Could Each Administration Mean For Business Schools?

What could a Trump or Biden victory in the US Election mean for international diversity, post-business school jobs, and the value of your degree?

Thu Oct 29 2020

BusinessBecause

Biden

The hope is that a Biden victory on November 3rd could repair some of the damage. Biden has vocally criticized Trump’s approach to immigration and visas, in the past labelling them as “racist”. 

“A Biden victory should be a welcome result for international candidates, as immigration restrictions should be eased and visas, particularly after graduation, may be more accessible,” says Scott Edinburgh, admissions consultant and CEO of Personal MBA Coach. 

But international diversity in the classroom won't be restored instantly. It could also take years to change the way the US is perceived, and even then, numbers are unlikely to return to normal. 

“International students aren’t just going to leave the schools they’re enrolled in just to come to the United States. There have been relationships formed, market patterns established, and I don’t think it’s as easy to recover as some people might think,” Tim emphasizes. 


Jobs 


Coronavirus is already impacting employment opportunities post-business school. Business education is a counter cyclical industry—when the economy is strong people tend to stay in the workforce; when it’s weak more people go to business school to upskill, network, and stand a better chance of enhancing their career.

For both administrations, the pressure is on to build economic recovery, in order to guarantee jobs and restore faith in post-MBA employment opportunities.


Trump

For those internationals who still enrol at US schools, landing a job afterwards remains a challenge. Earlier this year, Trump temporarily suspended the issuing of any new H-1B work visas for foreign workers looking for work in the United States, until the end of 2020.

That suspension extended to L visas too. The L-1 visa was an alternative to the H-1B Visa that allowed migrants to be employed for a US company with global operations and return to work for the firm in the US.


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