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<p>The Government welcomes the benefits that international students bring to the UK
as highlighted in theOxford Economics report entitled Economic Costs and Benefits
of International Students, January 2013.</p><p> </p><p>In July the same year, we published
our International Education Strategy which estimated that in 2011/12 international
higher education students contributed £10.2bn to the UK economy through tuition fees
and living expenses. The Strategy also recognised the wider benefits that students
bring in boosting the local economy where they study, as well as enhancing our cultural
life, and broadening the educational experience of the UK students they study alongside.
It is because we value this contribution that there is no cap on the number of genuine
overseas students who can come to the UK, nor do we have plans to introduce one.</p><p>
</p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p>After completion of study,
all students who can secure a skilled job from a licensed sponsor and are paid at
least £20,300 are welcome to stay and work in the UK. Those who complete a PhD have
up to a year to find a graduate level job and move on to Tier 2 or move on to the
graduate entrepreneur or exceptional talent schemes in Tier 1.</p>
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