Terrific work (as always) by HEPI. Everyone in UK HE should read and memorise this:
The Higher Education Policy Institute and Kaplan International Pathways are jointly publishing a major new piece of research, The costs and benefits of international students by parliamentary constituency, undertaken by London Economics.
Unlike earlier research, this study provides a detailed analysis of the costs as well as the benefits to the UK of welcoming 231,000 new international students each year. It shows:
- the gross benefits – including tuition fees, other spending and economic knock-on effects – of international students amount to £22.6 billion
- these gross benefits are, on average, £87,000 for each EU student and £102,000 for each non-EU student
- the public costs of hosting international students – including education, health and social security – total £2.3 billion
- these public costs are, on average, £19,000 for each EU student and £7,000 for each non-EU student
- the net impact (benefits minus costs) of hosting international students totals £20.3 billion
- this net impact is, on average, £68,000 for each EU student and £95,000 for each non-EU student
- the net impact of international students is spread throughout the UK:
- students in London generate £4.64 billion;
- students in the South East generate £2.44 billion;
- students in the West Midlands generate £1.95 billion;
- students in Scotland generate £1.94 billion;
- students in the North West generate £1.91 billion;
- students in Yorkshire and the Humber generate £1.59 billion;
- students in the East of England generate £1.34 billion;
- students in the East Midlands generate £1.28 billion;
- students in the South West generate £1.21 billion;
- students in the North East generate £0.98 billion;
- students in Wales generate £0.90 billion; and
- students in Northern Ireland generate £0.17 billion.
- The net impact of international students is £31.3 million on average per parliamentary constituency:
- students in Sheffield Central generate £226 million;
- students in Cardiff Central generate £151 million;
- students in Glasgow Central generate £135 million; and
- students in Belfast South generate £29 million.
Enough said.