Latest news with #Forbes'
Time of India
2 hours ago
- Business
- Time of India
How Trump's visa crackdown is pushing 16 US colleges toward financial collapse
Why 16 US colleges could collapse under Trump's foreign student visa crackdown As the Trump administration intensifies restrictions on international student visas, a growing number of financially vulnerable US colleges are facing a dire threat to their survival. The new policy measures, framed as a response to campus antisemitism and national security concerns, have halted key visa appointments and blocked access for students from more than ten countries, placing colleges heavily reliant on foreign tuition in an existential crisis. According to Forbes, 16 private nonprofit US colleges are particularly exposed. Each of these institutions enrolls at least one-third of their students from overseas and derives over half of their operating revenue from tuition and fees. Many already scored C+ or lower on Forbes' most recent financial health rankings, a signal that they were struggling even before the visa policy changes. Foreign students as a financial lifeline Colleges such as St. Francis in Brooklyn have turned to international enrollment as a revenue strategy. After years of deficits, St. Francis closed fiscal 2023 with $66 million in net income, largely from the $160 million sale of its main campus and deep budget cuts—including scrapping its Division I athletics program and laying off staff. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Buy Brass Laxmi Ji Idol For Wealth, Peace & Happiness Luxeartisanship Shop Now Undo Still, auditors remain skeptical about its long-term viability, with an endowment of only $46 million, or $16,409 per full-time student, Forbes reported. In just one year, St. Francis nearly tripled its international student headcount—from 465 to 1,289—mainly through graduate programs. In a June 2024 audit, university officials stated that international enrollment had become 'a significant source of revenue growth," as quoted by Forbes. But with student visas now under strict federal control, this key strategy is in jeopardy. Colleges caught in a tightening policy vise The Trump administration's new executive order bans visa issuance to individuals from 11 countries including Iran, Libya, and Yemen. This comes alongside the State Department's recent pause in F-1 and J-1 visa appointments. The consequences could be catastrophic for institutions like Harrisburg University and Hult International Business School, where more than 75% of students are international. Both schools received a D in Forbes' 2025 Financial Grades. Other colleges like Manhattan School of Music and California College of the Arts, where over 40% of students are foreign, also risk severe enrollment shortfalls. At Campbellsville University, 83% of operational revenue comes from tuition, and nearly half of students are international. National impact and muted college response Foreign students contribute billions to the US economy and often remain in the country after graduation. Forbes cited a 2022 study by the National Foundation for American Policy showing that one-quarter of billion-dollar US startups were founded by international alumni. Despite this, all 16 colleges declined to comment, fearing retaliation. As Forbes noted, institutions that speak out risk being singled out by the Trump administration, as happened with Harvard University's Student Visitor Exchange Program, which was suspended before a court order intervened. For many of these schools, international students are not just an asset—they are a necessity. Without them, the lights may soon go out. 1. St. Francis College (Brooklyn, NY): A small private college with financial challenges, previously noted for budget deficits and layoffs. International students likely bolster its revenue, and visa restrictions could exacerbate existing issues. 2. Harrisburg University of Science and Technology (PA): Known for attracting international students, particularly in STEM fields. A significant portion of its revenue comes from international tuition, making it sensitive to visa crackdowns. 3. Hult International Business School (Boston, MA): A global business school with a large international student body (over 80% in some programs). Its business model heavily depends on foreign students, and visa restrictions could severely impact enrollment. 4. Manhattan School of Music (NYC, NY): A specialized institution with a notable international student population. Arts schools often rely on international talent, and visa limitations could reduce enrollment and revenue. 5. California College of the Arts (CA): Another arts-focused institution with financial dependence on international students. Its small size and high tuition costs make it vulnerable to enrollment drops. 6. Campbellsville University (KY): A private Christian university with a significant international student population, particularly in graduate programs. Visa restrictions could strain its budget. 7. University of Bridgeport (CT): A private university with a history of financial struggles, recently acquired by Goodwin University. International students are a key revenue source, and visa policies could threaten stability. 8. New York University (NYU): With one of the highest international student populations (over 20% of enrollment), NYU was mentioned as vulnerable to visa crackdowns due to its reliance on international tuition. 9. Columbia University (NY): Also noted for a large international student share (around 30%) and targeted visa revocations, such as the case of Mahmoud Khalil, a graduate student arrested for pro-Palestinian protests. 10. Johns Hopkins University (MD): Has a significant international student population (around 25%) and relies on their tuition and research contributions. Visa restrictions could disrupt its financial model. 11. Carnegie Mellon University (PA): Known for a high proportion of international students (over 20%), particularly in STEM fields, making it susceptible to visa policy changes. 12. Northeastern University (MA): Frequently cited for its large international student body and reliance on their tuition. Visa crackdowns could impact its financial stability. 13. Boston University (MA): Another institution with a high international student share, noted as potentially affected by tightened visa controls. 14. University of Southern California (USC): A major destination for international students, particularly from China (over 15% of enrollment). Visa revocations targeting Chinese students could hit USC hard. 15. University of Illinois, Urbana-Champaign (IL): A public university with significant international enrollment (over $500 million in tuition revenue from foreign students in 2023-2024). 16. Arizona State University (AZ): Another public institution generating substantial revenue ($545 million in 2023-2024) from international students, making it vulnerable to enrollment declines. Is your child ready for the careers of tomorrow? Enroll now and take advantage of our early bird offer! Spaces are limited.
Economic Times
a day ago
- Business
- Economic Times
From stock trading to smart business ideas: How Vivek Oberoi's dad's 6 words pushed him to Rs 1200 crore net worth
Financial Wisdom from the Actor MORE STORIES FOR YOU ✕ « Back to recommendation stories I don't want to see these stories because They are not relevant to me They disrupt the reading flow Others SUBMIT Indian actor on Forbes' 40 Under 40 Heroes of Philanthropy Vivek Oberoi — an actor once seen simply as Bollywood's romantic lead — has quietly forged a parallel empire in business, transforming his image from celluloid star to a successful entrepreneur. What makes his story stand out isn't glamour or inheritance, but a childhood lesson in independence and grit. As the son of actor-politician Suresh Oberoi, Vivek used early mentorship not as a handout but as a push toward self-reliance, leading him to build, reportedly a massive Rs 1,200 crore net worth through effort, sacrifice, and Express, citing the Dubai Property Insider podcast, shared that Vivek's father didn't finance him, but educated him. As a 10-year-old, he'd draft business plans and go door-to-door selling products, learning entrepreneurial basics long before most kids understood pocket money. His father's mantra was that he was rich, but his son, Vivek, was not, and he would have to build the wealth on his own. This advice propelled a teenager who raised $3 million for his first startup at 19, sold it by 23, and has since helped take nine companies public, with plans for four entering entertainment, Vivek Oberoi explored voiceovers and hosting gigs. By 15, his entrepreneurial drive had taken root. He trained with stockbrokers, built a portfolio by 16, and even tried his hand at commodity trading. This early business win at 19 gave him the confidence to juggle entrepreneurship alongside a demanding acting career, laying the foundation for his future success in both Vivek shared practical advice about financial security: save at least three times your annual income, live within means, and build an investment cushion for three–five years. He warned against impulsive, high-return schemes, advocating for safe instruments like RBI bonds. For him, stability and mental peace from smart investments outweigh the risk of chasing higher, but volatile, per Forbes, the actor is now the Chairman of Oberoi Family Office and Co-Founder of BNW Developments , is a serial entrepreneur redefining ultra-luxury real estate in the UAE with $7 billion in assets under development. He leads diverse investments across edutech, fintech, agritech, media, and sustainability, blending purpose with profitability. He is one of the Indian actors on Forbes' 40 Under 40 Heroes of Philanthropy list.
Time of India
a day ago
- Business
- Time of India
From stock trading to smart business ideas: How Vivek Oberoi's dad's 6 words pushed him to Rs 1200 crore net worth
Vivek Oberoi — an actor once seen simply as Bollywood's romantic lead — has quietly forged a parallel empire in business, transforming his image from celluloid star to a successful entrepreneur. What makes his story stand out isn't glamour or inheritance, but a childhood lesson in independence and grit. As the son of actor-politician Suresh Oberoi, Vivek used early mentorship not as a handout but as a push toward self-reliance, leading him to build, reportedly a massive Rs 1,200 crore net worth through effort, sacrifice, and vision. Indian Express, citing the Dubai Property Insider podcast, shared that Vivek's father didn't finance him, but educated him. As a 10-year-old, he'd draft business plans and go door-to-door selling products, learning entrepreneurial basics long before most kids understood pocket money. His father's mantra was that he was rich, but his son, Vivek, was not, and he would have to build the wealth on his own. This advice propelled a teenager who raised $3 million for his first startup at 19, sold it by 23, and has since helped take nine companies public, with plans for four more. Before entering entertainment, Vivek Oberoi explored voiceovers and hosting gigs. By 15, his entrepreneurial drive had taken root. He trained with stockbrokers, built a portfolio by 16, and even tried his hand at commodity trading. This early business win at 19 gave him the confidence to juggle entrepreneurship alongside a demanding acting career, laying the foundation for his future success in both fields. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Cardiologist Reveals: The Simple Morning Habit for a Flatter Belly After 50! Lulutox Undo Financial Wisdom from the Actor Previously, Vivek shared practical advice about financial security: save at least three times your annual income, live within means, and build an investment cushion for three–five years. He warned against impulsive, high-return schemes, advocating for safe instruments like RBI bonds. For him, stability and mental peace from smart investments outweigh the risk of chasing higher, but volatile, returns. MORE STORIES FOR YOU ✕ « Back to recommendation stories I don't want to see these stories because They are not relevant to me They disrupt the reading flow Others SUBMIT Indian actor on Forbes' 40 Under 40 Heroes of Philanthropy As per Forbes, the actor is now the Chairman of Oberoi Family Office and Co-Founder of BNW Developments , is a serial entrepreneur redefining ultra-luxury real estate in the UAE with $7 billion in assets under development. He leads diverse investments across edutech, fintech, agritech, media, and sustainability, blending purpose with profitability. He is one of the Indian actors on Forbes' 40 Under 40 Heroes of Philanthropy list.
Korea Herald
2 days ago
- Business
- Korea Herald
BRI Named Indonesia's Largest Public Company in the Forbes Global 2000 List for 2025
JAKARTA, Indonesia, June 19, 2025 /PRNewswire/ -- PT Bank Rakyat Indonesia (Persero) Tbk, (IDX: BBRI), has once again achieved an international milestone by securing the 349th position among the world's 2,000 largest public companies in the Forbes Global 2000 – The World's Largest Companies list for 2025. This achievement positions BRI as the highest-ranked public company from Indonesia on Forbes' prestigious list. The Forbes Global 2000 is an annual ranking, now in its 23rd year. Forbes compiles the list based on four key metrics: sales, profit, assets, and market value. According to Forbes' official publication, despite ongoing global geopolitical uncertainties and the impact of U.S. tariff policies, all four indicators have reached new records this year. The 2,000 companies on the 2025 Global 2000 list represent total annual revenues of USD 52.9 trillion, profits of USD 4.9 trillion, assets of USD 242.2 trillion, and a combined market capitalization of USD 91.3 trillion. According to the report, BRI recorded strong performance with revenue of USD 16.07 billion, profit of USD 3.8 billion, assets totaling USD 123.83 billion, and a market value of USD 33.48 billion, further solidifying its position on the global stage. This reflects BRI's consistency and strong competitiveness as a financial institution that continues to grow and transform internationally. Commenting on BRI's recognition as the No. 1 public company in Indonesia on the Forbes Global 2000 list for 2025, BRI President Director Hery Gunardi expressed his pride and appreciation for all BRILiaN personnel (BRI employees), as well as BRI's loyal customers. "This achievement is dedicated to all BRILiaN personnel who have given their best contributions, allowing BRI to grow sustainably. We also extend our gratitude to all our loyal customers who continue to use and enjoy BRI's products and services," said Hery Gunardi. He added that the recognition is solid proof of BRI's commitment to maintaining strong fundamentals amid increasingly complex global economic challenges. "This recognition inspires us to continue transforming and innovating to deliver world-class services, especially for the Indonesian people," he said. According to Forbes, BRI ranks 349 globally and first in Indonesia on the 2025 Global 2000 list, alongside 11 other Indonesian companies such as Bank Mandiri (408), BCA (482), Telkom Indonesia (1,003), and BNI (1,064), among others.
India.com
3 days ago
- Entertainment
- India.com
Meet Labubu Love, Sensational Doll That Has Sent Internet Into Frenzy For...
photoDetails english 2917920 Updated:Jun 18, 2025, 05:04 PM IST Rohit Sharma's Instagram Story 1 / 7 A fluffy, quirky-looking doll with fangs recently puzzled Indian cricketer Rohit Sharma. He posted a photo of the figurines on his Instagram story, writing, "My girls tried explaining these to me, I still don't get it." His wife and daughter aren't the only fans — the Labubu doll has taken social media by storm, captivating everyone from Gen Alpha to Gen X. Pop Mart's Chairman and CEO, Wang Ning 2 / 7 The dolls have become a huge hit across Asia, the US, and Europe, leading to massive profits for Pop Mart, the company based in Beijing. The company's stock, listed on the Hong Kong stock exchange, has tripled in value since it closed at HK$ 89.65 on December 31. This rapid rise in popularity and earnings has pushed Pop Mart's Chairman and CEO, Wang Ning, into the top ten richest people in China for the first time. According to Forbes' Real-time Billionaires List, his net worth has reached $22.7 billion as of June 12. Pop Mart revenue 3 / 7 In 2024, Pop Mart earned $1.8 billion in revenue—more than twice what it made the year before. With the rising popularity of its toys, major financial firms like Deutsche Bank and Morgan Stanley have raised their stock price targets by 30 to 50 percent. Biggest viral trends 4 / 7 Celebrities such as Rihanna, Dua Lipa, David Beckham, Ananya Panday, and Sharvari Wagh have been seen showing off these tiny charms. Their endorsement has transformed Labubu from a simple plush toy into a trendy fashion accessory and one of 2025's biggest viral trends. Human sized figure doll 5 / 7 The Labubu doll craze has taken the world by storm, reaching new heights with a recent auction of a human-sized figure that fetched over 1 million yuan. According to Reuters, a Beijing auction house sold the life-sized Labubu for 1.08 million yuan (around $150,275) earlier this week — a clear sign of the collectible's soaring popularity. Labubu figure unique design 6 / 7 Standing at 131 cm (4.3 feet) tall, the mint green Labubu figure was the highest-selling item at the auction. Its unique design and limited availability make it a prized possession among Labubu enthusiasts. Blind Box 7 / 7 Influencers say the craze is largely due to Pop Mart's unique distribution method. Each Labubu figure comes in a 'blind box,' so buyers don't know which colour or design they'll receive. This mystery adds excitement to the unboxing experience and often encourages customers to keep buying until they find the one they want.
