(It could be it was a subsidy-exchange between the university and a chinese institution but I didn't get that impression. It could have been a private party as well. In any case it was definitely a scholarship by a US institution - not sure if public or private.)
These friends were brilliant and couldn't have afforded to attend without it. However: last I heard, they have all since moved back to China and are doing quite well for themselves.
This is objectively good news for these people, but that scholarship money was effectively just given to China. There are ripple benefits that aren't so tangible (added diversity, the chance that they could have stayed, the impact they had while here, etc).
Overall it seems "fair" that scholarship money should be converted to a loan if the education isn't used long-term in the same economy as the scholarship.
These scholarships were almost certainly awarded by the institution, not the federal government.
I don't care about where waiver "should" be used as this is subjective, I'm merely talking about what's "fair" economically which is theoretically objective. If the US hands out "good job" money in the form of net-economy-negative subsidies, then it explains a lot of what's going on in higher education.
I wouldn't limit this to just internationals as well. If you get a huge subsidy to go to a US school and then leave the country it's the same situation even if you're a US citizen.
>> If you get a huge subsidy to go to a US school
The "US?" The school is the US? In the vast majority of cases, the institution hands out the waiver, not the government. Furthermore, international students are regularly charged a premium to attend.
If Microsoft pays me a huge salary, I learn a ton before contributing significantly back to private software industry, then quit and move to Canada, do I owe... taxpayers... Microsoft?... remuneration?
This is still (probably) a draw from the US economy on net. Unless the institution is offsetting it somehow or is somehow not a part of the US economy.
> do I owe... taxpayers... Microsoft?... remuneration?
If Microsoft paid a lot to train you up and you leave before they get that value back, then they may want you to repay them.
That's generally not how things are done, but if the learn-and-run thing that this article talks about were to spread more into private industries, I can imagine private companies either paying less during the first N months or having minimum-term work-contracts with early-termination fees.
Who's going to pay back societies that send off educated, healthy young adults to the US economy? The value invested in individuals does not accrue all at once while they are at university.
It makes zero sense to try and balance the value at level of individuals. It is better to look at it at a larger scale (tens of thousands to millions) and approximate the value of what's coming in and leaving. There is a lot of guess-work involved, especially around future-value. There are no precise control-knobs to get the exact number and caliber of people you want; the best countries can do is set policies and hope for the best, without accounting for second and third order effects.