Let’s not beat around the bush, with so much to see, do, be involved in, shop, eat and drink, London is great city to be a student. Being so vibrant, fast-moving and exciting, it is hardly surprising that this monster of a city attracts thousands of students to its universities every year.
Although in recent times much has been made of how much foreign students need to earn in order to be allowed stay on and work in the UK, after attending university in London. The earnings threshold has been recently lowered and this takes a lot of pressure away from the foreign students who want to start work in the United Kingdom immediately after gaining their qualification at a London University.
Common sense seems to have prevailed and this new earning threshold should be good for companies wanting to hire newly qualified students at an affordable salary and is correspondingly as beneficial for the London university students who want their working life to begin in the UK.
The earning related threshold varies from job to job. In teaching for example, previously it was a necessary requirement to earn at least £30,000 for a foreign student to start teaching in higher education in the UK. A student now only needs to earn a much more realistic £23,800 in this profession to qualify to stay in the United Kingdom.
Last year the Indian foreign student population in London was down by a quarter and some blamed the coalition government’s decision in 2010 to incorporate the high earning threshold as a major reason for this decrease in student numbers. Prior to 2010, foreign students were automatically granted two years in which to work in the UK with ‘no strings attached.’
On March 21, 2013, a conference took place in London titled the ‘Internationalisation of Higher Education – UK Competitiveness,’ aimed at discussing the emerging challenges and opportunities presented by the increasing internationalisation of higher education, as well as the next steps for government policy in this area.
Central to the discussion was the attractiveness and competitiveness of universities in London and the UK in general in the globalised higher education market.
Education of foreign students in the UK is important to the economy of London and the Britain in general and everything possible should be done to encourage growth in this area. Lowering the earning threshold for foreign post-graduates could certainly be seen as being a realistic move in the right direction.