Briefing

The Decline of Student Visas and Its Implications


Abstract: In the last year and a half, the debate over immigration policy centered on undocumented workers in the U.S. Legal immigration, on the contrary, has not faced significant changes that would directly limit the number of new legal immigrants coming into the country. Despite this being true on the aggregate, a specific visa category does seem to show a significant decrease in numbers: the F-1 student visa, which is the primary visa used by full-time international students. As shown in Figure 1a, issuance of nonimmigrant visa has followed a similar aggregate trend in 2025 as in previous years.

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Description: Briefing

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Bibliographic Information

Provider: Federal Reserve Bank of Richmond

Part of Series: Richmond Fed Economic Brief

Publication Date: 2026-10-13

Volume: 26

Issue: 34