Adtalem Global Education (ATGE) Plunges 30.86% on OECD Report Citing Decline in International Students

Adtalem Global Education (ATGE) closed the trading day down by 30.86% today. This significant decline followed the release of a report by the Organisation for Economic Co-operation and Development (OECD), which highlighted a notable fall in work migration and, critically, international student numbers. The OECD report's findings suggest a structural headwind for education providers like Adtalem Global Education. The report indicated a global trend of declining international student enrollment, primarily due to stricter visa regulations in major English-speaking host countries and a less favorable economic environment. For ATGE, a company that operates in the education sector, a reduction in the pool of potential international students directly impacts its enrollment growth and, consequently, its revenue and profitability prospects. Specifically, the report revealed: * New international student numbers dropped 13% due to tighter visa rules in main anglophone host countries. * Permanent work-related migration to rich countries fell 21% (2023-2024) to 934,000, influenced by policy clampdowns and a "less favourable" economic situation. * Overall permanent migration declined 4% from 2023 but remained 15% above pre-pandemic 2019 levels. * The OECD predicts overall immigration will decline modestly in 2025 but stay at historically high levels. These trends paint a challenging picture for institutions relying on international student enrollment, as the long-term decline due to tightening visa rules creates a significant, sustained headwind for Adtalem Global Education's ability to grow its student base. The substantial drop in Adtalem Global Education's stock price today is directly linked to the OECD's report, which underscores a concerning decline in new international student numbers, posing a significant challenge to the company's future enrollment and financial performance.