The University of East London reports that a significant reduction in international students could severely impact both university revenues and the broader London economy. London Higher highlights that one cohort of international students contributes approximately £9.6 billion to the capital. Recent Home Office statistics show a 14% drop in student visa applications, pointing to rising costs as a deterrent. International students face much higher fees, with many from countries like China, India, and Nigeria expressing concerns over affordability. Despite these challenges, the value of an international degree remains high in their home countries.
Joanna Fayemi is from Nigeria and in her final term at UEL. She said she and some of her fellow students are paying fives times more than they would in their home country to get these degrees, "so it's definitely not an easy process". She said it's worth it "because it's great to have an international degree to my name because back in my home country, international degrees are well-respected."
A reduction in the number of international students would hurt university finances and damage the wider London economy, an education organisation has warned. London Higher said one cohort of international students generated 9.6bn for the capital's economy.
Students find London less attractive than before due to high fees and costs of study-related visas that outweigh the appeal of its diverse culture and potential high earnings.
Akanksha Kumar stayed in London after her course at City St Georges. She said job-hunting had been 'disheartening' because...
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