Brexonomics: what does the leave vote mean for UK universities?
“There’s no absolute guarantee that EU students starting three or four year programmes in September will have visas to study once Britain is outside the union. That’s a very high level of risk for any EU student”
Ant Bagshaw, assistant director at Wonkhe, the UK’s leading higher education policy analysis website, digs down into the economic impact of Brexit for the UK higher education sector.
Let’s start with the good news. With the value of the pound falling to lows not seen since 1985, the cost of exports – including tuition for foreign students – have reduced dramatically. International students with places to study in the UK have just seen their fees and costs of living reduce by ten per cent. That should be good for demand even if the global PR disaster that is Brexit (we’ve decided to become a more insular nation) diverts some students to other Anglophone markets.
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