One of China's external assets is overseas students—3,610 of them in U.S. colleges. A few have come on scholarships; some have been sent by their government, but most have come on their own. They are in the U.S. to study everything from church music and airline management to philology and nuclear physics. They include many who support the Nationalist government, some who have ranged from undergraduate criticism of their government to outright pro-Communist opposition. Most of them, whatever their politics, were in trouble last week.
The U.S. was just learning the reason: more than half of them are unable to pay their...
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