A new analysis warns that this year’s decline in international student enrollments signals potentially larger financial and academic consequences for global universities. The story traces shrinking cross‑border enrollments to geopolitical tensions, visa restrictions, and politicized rhetoric around foreign students, and argues the losses extend beyond tuition dollars to research collaboration and talent pipelines. University leaders are weighing recruitment shifts, changes to international partnerships, and programmatic adjustments to mitigate revenue shortfalls and academic impacts. Admissions and international offices should expect intensified competition for remaining international applicants and the need to diversify enrollment sources.