Experts point to stricter immigration policies implemented by the British government as a key factor.
LONDON: A sharp decline in international student enrollment is threatening the financial stability of British universities, with reports suggesting several institutions are teetering on bankruptcy.
According to British media, four of the ten largest universities in Yorkshire have already slipped into the red, while others have resorted to staff and course cuts to weather the financial storm.
This crisis is attributed to a significant drop in foreign student applications, particularly for postgraduate studies. A recent survey revealed a 27% decrease in applications for the 2024 academic year compared to the previous year.
Experts point to stricter immigration policies implemented by the British government as a key factor. Last year, Home Secretary James Cleverley announced tighter regulations aimed at curbing immigration, including restrictions on skilled foreign workers bringing their families to the UK.
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These measures have created uncertainty and a less welcoming environment for international students, a demographic that has traditionally been a financial lifeline for many British universities. The loss of revenue from tuition fees and associated spending could have a devastating impact on the academic sector, potentially leading to university closures and a decline in the quality of education offered.
