International students ‘are worth £26bn’ in the UK

  06 March 2017    Read: 1049
International students ‘are worth £26bn’ in the UK
International students generate £25.8 billion a year for the economy, according to an analysis by universities that is designed to oppose plans by the Home Office to restrict their numbers.
The estimate, by the consultancy Oxford Economics for Universities UK, dwarfs the previous figure used by vice-chancellors to show that international students spend nearly £11 billion a year to study here. It includes the impact of visits by friends and family and of 206,600 jobs that depend on their spending.

The Home Office has delayed plans for a consultation on restricting student visas and officials are said to be struggling to find ways to limit the recruiting of international students by some universities.

Dame Julia Goodfellow, vice-chancellor of the University of Kent and president of Universities UK, said: “The spending of international students and their visitors provides a major export boost for the UK economy.”

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