By Dan Gooding is a Newsweek reporter based in New York City. His focus is reporting on immigration and border security. He has covered immigration issues extensively, including the root causes of migration to the U.S., its impact on border communities and responses around the country.

The loss of foreign students will impact the United States' economy, new data shared with Newsweek on Tuesday revealed.

With international students spending an average of $35,000 per year in their local communities, a 10 percent drop in this spending could lead to a $3.4 billion dent in U.S. GDP, data from economic analysis platform Implan found.