In the media, international students at our universities are generally seen though one of two lenses: the positive one is that they are a cash-cow, premium product that historically has cross-subsidised domestic students in our universities; the negative one is that, because of this, they might end up getting too many places at our universities, thus keeping out some of our home-grown talent. Both are completely the wrong way of thinking about international students. This is a huge growth market in the world and vital to our economic growth.
Education ought to be for us a focus sector, alongside life sciences, advanced manufacturing, the digital and creative industries, professional services and tourism. It is also a market in which, thankfully, we have strong competitive advantages. We have some of the best brand names in the business: Oxford, Cambridge, Edinburgh, St Andrews, Birmingham, Manchester, Queen’s Belfast, the London School of Economics—[Hon. Members: “Hear, hear!”] I can name check others, if anyone wants me to.