Will a drop in international students affect London?
London Higher has issued a stark warning about the financial repercussions of a decline in international student enrollment, which is vital for both universities and the local economy, contributing £9. 6 billion annually. With a reported 14% decrease in student visa applications for the 2023/24 year, concerns are growing over what makes London less attractive to potential students. Many international students face exorbitant tuition fees and visa expenses that overshadow the benefits of studying in a culturally rich city. For instance, Joanna Fayemi from Nigeria shares her experience of paying five times more for her degree than she would at home, though she values the prestige of an international qualification.
The new restrictions on family visas have also added to the challenges, as students often relied on dependents for financial support during their studies. Alumni like Akanksha Kumar highlight the difficulties in securing employment due to limited visa sponsorship options, illustrating the broader implications of immigration policy on international students. These developments raise questions about the future of London's higher education sector and its economy. The article effectively highlights the interconnectedness of education, immigration, and economic health in the capital.