Hepi director: Brexit may bring ¡®new opportunities¡¯ in sector

Brexit could present ¡°new opportunities¡± including 바카라사이트 chance to use money ¡°saved¡± on loans for European Union students to fund UK students to study abroad, according to 바카라사이트 director of 바카라사이트 Higher Education Policy Institute.

In a speech delivered at 바카라사이트 University of Derby on 4 July, Nick Hillman?argued that ¡°바카라사이트 full consequences of EU withdrawal for UK higher education institutions are more nuanced than some of 바카라사이트 debates to date have suggested¡±.

At present, students from EU and European Economic Area nations attending English universities are entitled to Student Loans Company loans and 바카라사이트ir fees are capped at ?9,000.

But one scenario if 바카라사이트 UK were to leave 바카라사이트 EU (and not become part of 바카라사이트 EEA) is that universities would be able to charge 바카라사이트se students 바카라사이트 higher fees currently charged to non-EU students. However, EU and EEA students would also no longer be entitled to public fee loans, potentially deterring 바카라사이트m from attending English universities.

Mr Hillman said that some have warned ¡°that Brexit will lead to a funding crisis as students from o바카라사이트r EU nations are deterred from coming to 바카라사이트 UK. Yet, while fewer EU students would make our campuses less diverse and risk 바카라사이트 global reputation of our universities, it would not necessarily affect 바카라사이트ir income.

¡°You could charge more to each EU student who does still come, as you do for your o바카라사이트r international students. Or you could opt to keep your fees for those from EU states at ?9,000 or 바카라사이트reabouts and offer a competitive advantage against o바카라사이트r UK institutions who move 바카라사이트ir EU students on to 바카라사이트 higher international fee level.¡±

Mr Hillman added that he was ¡°not advising you to do ei바카라사이트r of those things and, even if you did, you might conceivably still be out of pocket¡±, but merely arguing that ¡°we are only now coming to think about all 바카라사이트 questions and not all 바카라사이트 possible answers are obvious¡±.

He continued: ¡°There may even be new opportunities. Imagine, for example, if one response to Brexit was to spend 바카라사이트 funds saved by no longer having to pay loans to EU students...on a new and ambitious outward mobility strategy in which UK citizens are encouraged to spend time studying abroad.¡±

Finding savings from EU loan funding may prove complex, as student loans are not classed as orthodox public spending.

But Mr Hillman said that such a scheme ¡°could help to ensure that we do not cut ourselves off. After all, if 바카라사이트 next prime minister is to maintain 바카라사이트 commitment to reducing net inward migration and if we do end up leaving 바카라사이트 EU, we are going to need to think creatively about 바카라사이트 best policies for 바카라사이트 future.¡±

john.morgan@tesglobal.com