Education Policy | Post Primary | Preschool | Primary | Tertiary | Search

 


Everyone benefits from international students

27 February, 2014

Everyone benefits from international students

The value of international students to the regional and national economies has been highlighted in a new economic impact report.

The report, by consulting economist Dr Warren Hughes, covers the economic impact of the University of Waikato for 2013 and clearly illustrates the importance of tertiary institutions attracting international students.

The report shows that each international student enrolled at the University of Waikato generates $90,000 in annual sales revenue somewhere in New Zealand, with 77% of that revenue generated in Hamilton or the neighbouring Waipa and Waikato district council regions.

And every two international students studying for one year generates a job somewhere throughout the country, the report says.

“The 2543 international students currently studying at the University generated 1257 jobs somewhere in the New Zealand economy, with 894, or 71% of these jobs located in the Core Waikato area.”

Vice-Chancellor Professor Roy Crawford says the report shows just how important it is for New Zealand universities to continue to attract international students.

“We pride ourselves on how we look after our international students and a recent international survey showed more than 90% were happy with the Waikato experience,” he says.

“Aside from the economic benefits outlined in this report, international students contribute to the excellence of our research, teach us about other cultures and contribute to the diversity of the region.”

International students at Waikato generated $228.5 million for the New Zealand economy in 2013 with about half that figure from personal student spending on things such as living expenses, entertainment and recreation.

In total, international students provide nearly $87 million in regional GDP to the core Waikato region each year.

The report shows the University of Waikato is a “significant player” and “extremely important,” to the region’s economy, generating just under $800m in sales revenue for Waikato firms.

ENDS

© Scoop Media

 
 
 
 
 
Culture Headlines | Health Headlines | Education Headlines

 

Flagging Enthusiasm: Gareth Morgan Announces Winner Of $20k Flag Competition

The winner of the Morgan Foundation’s $20,000 flag competition is “Wā kāinga / Home”, designed by Auckland based Studio Alexander. Economist and philanthropist Gareth Morgan set up the competition because he had strong views on what the flag should represent but he couldn’t draw one himself. More>>

ALSO:

Books: The Lawson Quins Tell Their Incredible Story

They could have been any family of six children – except that five of them were born at once. It will come as a shock to many older New Zealanders to realise that Saturday July 25 is the Lawson quintuplets’ 50th birthday. More>>

Scoop Review Of Books: Wartime Women

Coinciding as it does with the movie Imitation Game which focusses on Alan Turing breaking the Enigma code in Hut 6 at Bletchley Park (“BP”), this book is likely to attract a wide readership. It deserves to do so, as it illustrates that BP was very much more than Turing and his colleagues. More>>

Maori Language Commission: Te Wiki O Te Reo Māori 2015

The theme for Māori Language Week 27 July – 2 August 2015 is ‘Whāngaihia te Reo ki ngā Mātua’ ‘Nurture the language in parents’. It aims to encourage and support every day Māori language use for parents and caregivers with children” says Acting Chief Executive Tuehu Harris.. More>>

ALSO:

Live Music: Earl Sweatshirt Plays To Sold Out Bodega

The hyped sell-out crowd had already packed themselves as close as they could get to the stage before Earl came on. The smell of weed, sweat and beer filled Bodega – more debauched sauna than bar by this point. When he arrived on stage the screaming ... More>>

Get More From Scoop

 
 

LATEST HEADLINES

 
 
 
 
Education
Search Scoop  
 
 
Powered by Vodafone
NZ independent news