A brain drain means the intelligent population emigrates to other countries.
The narrative and data do not support Americans going abroad.
I think you're referring to a lack of competitive education for those coming outside of America and choosing Europe / China to study.
They are saying the opposite. People have been coming to America for higher education and staying here and that has historically benefited the US. And that seems to be changing.
I think they meant that in the past every other nation had a brain drain towards American research universities.
I took the previous comment to mean that the US has benefited from brain drain so far. If we turned off that benefit, that could handicap the US.
I mean, brain drains work TOWARDS the US as well, word meanings are not an American centric thing.
I think you’ve got it backwards. MIT used to be brain-draining China, India, Iran, Europe, etc into schools like MIT. The lower numbers mean this is happening less. There are likely multiple factors: becoming less attractive, their domestic options becoming more attractive, more aggressive immigration posture, etc