This could dramatically increase the value of a degree for a foreigner. I'm curious what some of the effects would be--an increase in tuition rates for foreign students? A corresponding reduction in the number of US students who are able to get admission to US universities? Obviously some of these effects could be limited by regulation, if desired (i.e., universities could be restricted from admitting more than their allotted number of foreign students). Is it right to concede to the university our shared public power of granting residency?