During the 2015-16 academic year, U.S. colleges saw record enrollments of international students, exceeding one million for the first time ever and increasing 7% from the previous year.

But with Donald Trump’s controversial election, reports of racist incidents on college campuses, and growing competition from foreign markets, American colleges might see a decline of international students.

“I think there will be a short-term chilling effect on international students coming here not unlike there was after 9/11. International students will be concerned about what the political environment means for them,” said Jason Lane, chairman of the Dept. of Education Policy and Leadership at the University at Albany.

Investment in higher education by China is also a potential threat. The U.S. is the largest destination for international students, but the number of students going to China to study is significantly increasing. Since 2011, international students in China have increased by 36%, and by 2020, China is expected to bring in more international students than the U.K., the second most popular study destination behind the U.S.

To read the full article by The Wall Street Journal, click here.