U.S. B-School Apps Plunge 25% As Global Demand Shifts To Europe & Asia

Applications to U.S. graduate business programs have fallen by 25% this year, marking the sharpest decline globally, according to the Graduate Management Admission Council's 2026 Application Trends Survey. This drop is attributed to factors such as changes in U.S. visa policies, geopolitical shifts, economic conditions, and new caps on federal lending for graduate students.