" But in any sophisticated, long-term view of what is politically desirable, it is aggresively counter-productive. There's a reason other countries, like Australia, are putting together plans to encourage more foreign students: they bring lots of cash, they contribute to the local economy, and they provide a long-term boost to a country's reputation, international status and finances.
A study by Sheffield University found foreign students contribute £120.3 million to the city's GDP in 2012/13. In London, they contributed £3 billion and supported over 37,000 jobs in 2013/14. Some of it is direct in fees, some of it is in associated spending, like rent and food and so on. Some £131 million of it is spending by friends and relatives coming to visit them.
Even the government's own research paper, published by the Department for Business Innovation and Skills (Bis) put the worth of education experts to the UK economy at £14 billion, with a projection that this could rise as high as £26 billion by 2025."
A shame we are not willing to copy Australia in this.
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