Overseas students’ £130m economy boost

Overseas students contribute nearly £130m to Scotland's economy in tuition fees alone, according to a report published yesterday. A study by the British Council, the UK's international body for cultural relations, found that higher education now makes more money for the UK economy than financial services or the vehicle trade.…….The education sector has soared in value from £23bn in 2001-2, partly due to growing numbers of international students. They pay full fees at a market rate - money which is in addition to that coming from the public purse to fund the education of UK students - which allows universities greater flexibility in the courses they teach and the research they pursue.………. Scottish universities first courted students from the EU and now India and Asia. [View Full Article]