HEPI's latest analysis reinforces the value of international students and highlights what's at stake
HEPI's latest analysis reinforces the value of international students and highlights what's at stake
14 July 2026
Whilst colleagues from across the sector were gathering at the 21st BUILA Annual Conference in Glasgow, HEPI published its latest analysis of the contribution international students make to the UK economy.
The report provides further evidence of the significant contribution international students make to the UK's universities, economy and communities.
HEPI estimates that every 10 international students generate around £1 million for the UK economy over the course of their studies. Collectively, international students contribute £40.4 billion in net economic benefit and support approximately 287,300 full-time equivalent jobs across the UK.
At a time when the future of international education continues to be debated, these figures provide an important evidence base for policymakers and the wider sector.
The report also serves as a reminder of what is at stake.
HEPI models that a 12% reduction in international student numbers would reduce the UK's net economic benefit by around £2.9 billion. Since the period covered by this modelling, the sector has experienced further declines in recruitment alongside significantly higher visa refusal rates across a number of key markets. If these trends continue, the economic consequences are likely to extend well beyond those modelled in the report, with implications for universities, local economies, employers and the ambitions set out in the UK's International Education Strategy.
The findings reinforce the importance of evidence-informed policy making. Robust data is essential to understanding the economic value of international education, but the conversation should not stop there.
International students contribute far more than headline economic figures alone can demonstrate. They enrich campuses, strengthen local communities, support innovation, address skills shortages and build lasting international relationships that benefit the UK for years to come.
Over the coming months, BUILA will continue working with members, government and sector partners to strengthen the evidence base - not only by demonstrating the national economic impact of international education, but also by evidencing the tangible contribution international students make to places, institutions and communities across the UK.
BUILA welcomes HEPI's latest analysis and the valuable contribution it makes to this important conversation. As the sector navigates an increasingly complex policy environment, ensuring decisions are informed by robust evidence has never been more important.