The US Education Market

Higher studies in the United States have always been a very lucrative proposition owing to the high amount of scholarships given by the US universities. The US universities attract a huge number of foreign students over the last few years. In the last 20 years thousands of Asian and Central Asian students have opted for higher studies in the United States. The United States has ample post study work options and this has been witnessed over the past few years with enormous post study work options available in the United States. The only of competing for these Universities is through a proper score in Graduate Record Examination and Test OF English as a foreign language. These two tests qualify a person for the Anerican Universities. However the great global recession of the year 2009 has changed the entire world scenario and has affected the US education market too. The influx of students into the United States has gone down substantially. This is also a result of stricter immigration laws. The United States wants to sustain itself in the most appropriate manner. It is slowly closing the door to skilled immigrants in order create internal job openings. Heavy scholarships are also being offered for American Students who are opting for higher studies. These initiatives are part of the Omaba administrations initiative to go ahead and change the economic scenario of the United States. This is a major initiative since a major portion of the students coming from offshore locations block the job prospects for the Americans. A recent trend also shows the Obama administrations reluctance to outsource IT related projects to India and China. The huge outflow of foreign reserves from the American shores also forces the US administration of altering their entire policy towards, education, energy, outsourcing and industrialization. The entire economy is dependent on power and several policy changes have shown that in reality, it is very difficult to meet the peak demand for power. The US administration has decided on certain reward schemes for the limited usage of power in the domestic sector. Cutting down on power consumption also helps a lot since power savings lead to national savings. The major changes in the US education policy are all set to make significant changes in the job market in the United States. It is a bid to strengthen the US economy in a major way by creating more local opportunities for the masses.

The Great American Dream US was once the most preferred location for higher studies and post work opportunities. This concept has taken a major change in the entire perception towards studying in the United States. Now there is no bee hiving around the Land of Opportunities. In the 1970s, America was known as the land of opportunities. People went there seeking greener pastures and indeed many people have benefitted by going over to the United States. Today, the scenario is quite different since the Asian region is

progressing faster than America and Europe. The economic scenario in the US is forcing the American policy makers to alter their policies in favor of their local economy. Heavy taxations have been levied on outsourcing of projects to India. This is one of the reasons why United States government has gone ahead and changed their entire policy towards taxation. There are several implications of a heavy taxation policy on outsourcing. Outsourcing is a boon for many countries but it is a bane for other countries. The European Union and the United States fall under the category of countries for whom outsourcing is a bane. They want to retain their jobs in their own country. They are facing job shortages and their unemployment rate is rising at the same time. This is the reason the US administration is getting panicky regarding the whole issue of outsourcing. There are many aspects of globalization. It has resulted in widespread development of businesses overseas; yet it has created several problems for the US economy. Many of the manufacturing units of USA have shifted to many Asian countries. The manufacturing units have largely shifted to the Chinese markets. It has resulted in several job losses. In order to counter these job losses, the US government is shifting its policies in order to prevent further damage to the economy. The American administration has been successful in retaining several jobs in the country itself. Heavy taxation can force many organizations to change their own policies.