08-04-2024
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International education is one of the major contributors to the UK economy as the country attracts study-abroad aspirants from all over the world. According to a recent report by the Higher Education Policy Institute (HEPI), Universities UK International (UUKi), and Kaplan International Pathways in partnership with London Economics, international students play a key role in the growth of local economies throughout the UK.
Here are the key statistics in this context:
Notably, international students contribute to the UK economy even after accounting for their costs and dependents. These costs have an estimated economic impact of £4.4 bn on public service, but they far outweigh the benefits, leading to a total net benefit of £37.4bn. One of the reasons for the dramatic rise in the net economic impact of international students is a growing number of students choosing the UK as their study-abroad destination.
A total of 381,000 international students enrolled in the first year of UK university programmes in 2021/22, making it one of the hottest favourites for study abroad aspirants. According to the report’s demographics, London hosted 98,825 international students, Yorkshire and the Humber had 31,360 students, and the West Midlands had 29,750 students. Following closely were the Northwest (27,680), the East of England (24,835), the East Midlands (24,235), the Southwest (19,700), and the Northeast (18,715).
Apart from these numbers for England, the other UK home nations featured the statistics of Scotland with 44,085 international first-year students, Wales with 14,905 students, and Northern Ireland with 12,615 students.
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