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Transcripts For CNBC On The Money 20240713

We begin with an unforeseen impact of the trade war. It is hitting home in places you may not expect colleges and universities. Many foreign students pay full freight for college tuition. Now there are fewer and fewer enrolling. How are colleges coping . One school came up with a new approach to ensure its future. Tuition 101 is our cover story robert frank has more. Reporter as colleges and universities brace for a decline in the number of Chinese Students one school has found a solution, insurance. There are more than 360,000 students from china who study in the u. S. Every year a number that is now under threat as the trade war makes visas and jobs for chinese nationals harder to get. University r the university of illinois is prepared two years ago, a school bought an insurance policy that would pay out if there is a substantial drop in revenues from Chinese Students. The insurance was the brainchild of jeff brown, an economist Whose Research focuses on insurance and on Risk Manage

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