11:22 04 May 2013
The UK is trying to encourage students from other countries to come and participate in higher education in an effort to bolster both the economy and the cultural diversity of the region.
They are also hoping to foster improved relationships with countries such as Mexico and Colombia. There are other financial benefits from having a greater influx of students, such as increased credit card applications.
At this point, one of the best things for the UK economy would be the credit card and debit card use for student’s purchases. Increasing the number of students coming from outside the country is one way to help increase the cash flow in the economy. Businesses may be able to hire more people which could help the economy.
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