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Indian and non-EU Students worth £25.8 Billion to the UK

March 2017, 08
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Indian and non-EU Students
Developments in the Theresa May government of the UK may mean less Indian and non-EU students attending UK Universities and joining the UK job market.

However, research published this week for the Universities UK (UUK) body show that Indian and non-EU students contribute a massive £25.8 billion to the UK economy which in turn supports 200,000 jobs. 

Universities UK (UUK) knows as the voice of universities released new data this week concerning the impact of international students for Britain. They gave the £25 billion figure and describe international students as giving a significant boost to regional jobs and local businesses. The research was conducted by Oxford Economics and shows that in the year 2014-2015 spending by these student groups supported 206,600 jobs in university towns and cities across the UK. As the spending is in addition to that of UK residents this equates to £10.8 billion in export earnings for the UK. UUK President Julia Goodfellow stressed the spending is not limited to a few cities but is spread across towns and cities throughout the UK.  She also emphasized the cultural and academic impact of these students and the ongoing professional and personal relationships that are forged whilst students are attending universities.

Estimates before the release of the new data had put the worth of Indian and other non-EU students at £11 billion. The new data helps to bring the case for international students to the government to persuade them to hold any plans on restricting the current numbers of students.

In recent years the number of Indian students traveling to Britain has fallen from 39,090 in 2010-2011 to 16,745 in 2015-2016. Indian students are exploring other options in the US, Australia, and Canada and the Indian government has slowed their push in the UK for more student visas.

Currently, international student figures are included in net migration statistics despite the majority of students returning to their home countries once they graduate. The UUK are arguing the student figures should not be included in net migration statistics for the UK.

In 2014-2015 Britain, behind the US, was the second most popular destination for international students. A total of 437,000 International students studied in the UK in this period. 

The UUK believe that international, including Indian, students will be more and more valuable to the UK post-Brexit. They describe the world-class higher education sector as one of the UK outstanding success stories.

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