Nov 5, 2018, 3:02 PM
(from ICEF Monitor) It is now widely understood that international students provide value to local and national economies that far exceeds the fees they pay for their education. For example, in 2016, international students spent $15.5 billion in Canada. In the UK, researchers have found that every ten non-EU students contribute a net impact of nearly £1 million (US $1.4 million) to the economy. Beyond tuition and living expenses, international students have long-term potential to boost the economies of the countries in which they study if they are able to work after graduating and even to immigrate. This potential is especially valuable in countries with ageing populations. Many countries, including Canada, Ireland, Australia, Japan, China and Taiwan, are developing policies aimed at encouraging international students to stay on after they graduate.
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