Decrease in the number of international students affects the UK economy
Visa restrictions, increase in tuition fees, and a murder of a student belonging to India are wavering UK’s reputation as the one of the top destinations to study abroad. This could result in a heavy loss to the economy and to universities that rely on the revenue of the students.
UK earns approximately 5 billion pounds a year in revenue through foreign students coming for higher education, but factors such as high education funds and stringent regulation on visa may risk the future of universities in the country. Not only is the economy at risk but also the reputation of UK’s Universities as being world class for higher studies.
It is estimated that Britain could procure a loss of 8 billion pounds in income of which 2.3 billion would prove a loss to the economy and a loss of 5.66 billion pounds in revenue gained from fees. The ministers of UK are apprehensive and are considering relaxing the regulatory issues on immigration. Sources from the universities stated that the government is giving more importance to Home Office than the Department of Innovation and Skills that promotes recruiting of international students.
Sources also expressed that the negative portrayal of immigrants in media also plays a part in the decrease of international student applications in UK. The media should reveal the positive impact these foreign students have on the economy. UK is perceived the second most popular destination for higher studies, however there is a recent decline in the figure.
Recent figures from Universities and Colleges Admissions Service reveal that there has been a drop of 11% in the number students applying to universities in Britain. They find it cheaper to study in their home countries as UK universities have yearly rise of 9000 pounds in tuition fees. Although the number of International applicants is still rising by 13%; it is believed that the stringent rules that limit visa applicants in UK will start making a difference on the economy.
Source: The Independent
For Frequent updates you can share with your friends,
Relevant pages for UK Education
INST-NES | what are universities that are coming on june 8th to taj banjara uk education fair - ming
..: uk education nes universities Your Answer Read the QnA guidelines , Maximum characters.. .. would like to know about education loan to do MBA in UK.. .. about education loan to do MBA in UK. By jose08088 , 1 day ago , Be the..
STUDY ABROAD | i would like to be a certifed agent of uk education in india i.e. interested in impar
.. first to answer Tags: uk goverment education in india indian students uk.. .. answer i would like to be a certifed agent of uk education in india i.. ...e. interested in imparting uk courses in india as well as helping indian students..
.. @minglebox Home Study Guide UK Articles and Updates Top UK Universities SOP Qn.. .. Procedure Study Programs Financial Assistance Student Visa Studying in UK.. .. Study UK View All Create Topic mallika54495 Score..
.. | Minglebox .. .. | Minglebox .. - UK .. .... ...minglebox.. .... ...com/article/studyuk/ uk_higher_education.. .. .. http.. ..://www.. .... .... ...minglebox.. ...com/article/studyuk/ uk_higher_education.. .. .. http://www.minglebox.com/article/studyuk/ uk_higher_education .. http://www.minglebox.com/article/studyuk/uk_higher_education..
... As per the UK higher education department, the UK universities should.. ... Presently, the UK higher education department is encouraging the universities.. ... In addition, one of the UK higher education department officials also..
STUDYABROAD | if not, Who provides scolorship for my education(MS) in UK , from our India govt or UK
..A Categories General MBA Engineering Study Abroad Study UK Study USA Study.. .. Clinical Research Commerce Executive Education Fashion Design Finance.. ..... OR Fill in the Form Below Highest Education..
..: education in uk higher education Your Answer Read the QnA guidelines , Maximum characters.. .. in uk i would like to know about education loan to do MBA in UK.. .. know about education loan to do MBA in UK..
STUDY ABROAD | hi i am nagaraj........i need a free education in uk for the cousre of information sy
..: education in uk free education information system universities Your Answer Read.. .. to answer i would like to know about education loan to do MBA in UK.. .. the first to answer i would like to know about education loan to do MBA in UK..
.. - education in uk i would like to know about education loan to do MBA in UK.. .. know about education loan to do MBA in UK.. .. RECQUIRED TO GET FREE EDUCATION IN UK FOR ENGEENERING..
STUDYABROAD | hiiii.me richa...... i want to pursue my further education in uk.... but the deadlines
.. would like to know about education loan to do MBA in UK.. .. about education loan to do MBA in UK. By jose08088 , 14 days ago , Be the.. .. RECQUIRED TO GET FREE EDUCATION IN UK FOR ENGEENERING..
Study Abroad Colleges Colleges/Universities
No results? Submit your query and we'll get back to you as soon as possible!
You may also like to read
Related Question and Answer