Content written by Michelle Hackman and Douglas Belkin and published by The Wall Street Journal

MBA News Digest Comment: This article refers to both undergraduate and graduate.

Extracted Content: The American higher education system, the largest in the world and a major source of revenue for towns and cities across the U.S., is still dominant as a global magnet for top talent, but is losing market share. The U.S. has 24% of the global market, far ahead of the U.K. with 11%.

Last year, the U.S. saw a 6.6% decline in new international students studying in the country, to 271,738, after a 3.3% decline the year before.

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