America is in danger of experiencing an academic brain drain
Other countries may benefit. Science will suffer
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Of course. We have people in government who don't believe in germ theory. Education is extremely expensive, and if you don't pick a "Good" major, not only are you in debt, but shamed and mocked for it, since no one "forced" you to go. Jobs that require these degrees, even doctors, are not paying enough for people to live, study, and afford food. Why would you stay?
Also educated people tend to vocally disagree with fascists, so obviously fascists wants fewer of them around.