Brexit is Benefitting UK Universities
How Is Brexit Helping British Universities?
The impending advent of Brexit isn’t all bad, with certain markets showing clear signals that they are benefiting as individuals look to join the rush of getting their business done before the UK finally withdraws from Europe.
The citizenship by investment (CBI) market is one such area, as people from outside the EU attempt to fast-track their entry into the UK by attaining a European passport via real estate investment programs in countries such as Cyprus, Malta, Moldova and, soon, Montenegro.
It appears that British universities are also seeing positive returns, with students from the EU desperate to benefit from UK higher education before their entry into those institutions becomes complicated by the fact of Brexit.
UCAS, the UK university admissions organisation, has released figures showing the second highest ever number of EU undergraduate applications, representing a 3% increase on figures from last year.
Perhaps surprisingly, there has also been an increase in applications from outside the EU. For example, an enormous rise in applications from Mexico (52% up on last year’s numbers) has been attributed to a broad reluctance to travel to Donald Trump’s US.
Naturally, British universities are more than happy to see this upturn in international undergraduate applications, viewing it as further confirmation of the UK’s high global standing in the area of higher education.