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The financial crisis that was created by Brexit had drastically affected the British universities. Therefore, the officials of various British universities are expecting more students from China and India to join in various courses offered by these universities.
Universities of the United Kingdom (UK) are planning to enroll a high number of international students with an aim to overcome the financial crisis created by Brexit. The financial crisis that was created by Brexit had drastically affected the British universities. The higher education sector in the UK has faced a cut out of £1.3 billion of EU (European Union) research funding. On the other hand, UK witnessed a drop in the number of students enrolling in UK universities from EU.
Therefore, the officials of various British universities are expecting more students from China and India to join in various courses offered by these universities. The fee paid by non-EU international students at UK universities is three to four times higher than the fees paid by British students. Attracting more international students is a profitable way to overcome the financial crisis created by Brexit, as per British Universities.
Also Read: Indian Universities Fail to Prepare Students Well for Modern Workplace: UK
At present, EU and UK students pay £9,250 for UG courses while international students pay £40,000 per annum for the same. If more students from countries like China and India join UK universities, the revenue of UK universities is expected to improve so that the financial crisis created by Brexit can be easily sorted out.
Also Read: UK Universities to Attract Indian Students through New Post-Study Visa
The British universities have already initiated the process for boosting international students’ enrolment. One of the major issues that UK universities may face due to Brexit is the reduction of staff. In order to attract a higher number of international students in UK universities, the British government must ease their immigration regulations and post work opportunity rules.
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