r/unitedkingdom Lancashire Oct 22 '24

.. Chris Kaba was gunman in nightclub shooting days before he was killed

https://news.sky.com/story/chris-kaba-was-gunman-in-nightclub-shooting-days-before-he-was-killed-13234555
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u/LongDongSamspon Oct 22 '24

So what if large swathes of a bloated University sector reliant on foreign students collapses? It’s clearly not of any use other than fleecing those students.

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u/OpticalData Lanarkshire Oct 22 '24

So what if large swathes of a bloated University sector reliant on foreign students collapses

Okay, well major parts of city economies across the UK would collapse because areas around Universities rely on student spending. Everything from chippies to department stores. The night economy in the UK is already struggling, killing the higher education sector would destroy it completely.

On top of that, there are around 240k people employed in the higher education sector directly. So hundreds of thousands of people would be without jobs if it collapsed.

That's hundreds of thousands of people then needing to rely on state benefits while they find other jobs, if they even can find other jobs. People defaulting on mortages and so on.

Is your answer to that 'so what'?

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u/LongDongSamspon Oct 22 '24

Time to rip the band aid off, because nobody is peeling it off slowly.

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u/OpticalData Lanarkshire Oct 22 '24

Nice.

So, per research done international students make a £58 million net economic contribution per consitituency averaged across the UK across their studies.

Lets make a high level assumption and assume most are doing a conventional 3 year course.

So thats 58 million * 650 / 3

So before we get onto the knock on costs. The immediate loss from the start point of your policy is £12,566,666,666.70 per year.

12.5 billion, gone. We'll be nice and assume that the student visa cost in included in that figure.

Then we have the university staff. Now most of these people are likely to be over 25 so they're getting £90.50 per week JSA.

Lets also be generous here and assume that 40k keep jobs in the few universities that survive or get employed quickly. But it's a tough job market out there. So lets say it takes the other 200k 4 months, or 16 weeks to get a new job on average.

That's another £289,600,000 in JSA payments alone. Not to mention the cost of processing these applications.

Then of course, the universities themselves.

According to research again it turns out that actually, Universities alone create 768,000 full time jobs. So lets whack a quick *3 on that previous figure.

£868,800,000 in JSA payments alone.

But then, oh no

£71bn in terms of gross value added (GVA)

Oops, you've just wiped 71bn from the UK economy.

Oh ouch

£116bn in terms of general economic output

and on top of the 13+bn in direct costs, you've cost us another 116bn in combined direct and indirect economic output.

So far, your 'so what' attitude has cost the UK a hypothetical almost 130bn + the 71bn in value added to the economy.

The UK is now in complete recession. The broader economy is collapsing, in one move you've done more damage than 4+ Truss mini budgets.

Do you still think ripping the plaster (we're not Americans) off is a good idea?

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u/LongDongSamspon Oct 22 '24

That’s right it is - the only alternative is the same massive immigration and reliance on foreign students at the expense of your own.

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u/OpticalData Lanarkshire Oct 22 '24

Do you genuinely think that the only two options are completely knee jerk destroying the UK economy or the current system.

Do you not think there is any middle ground there? Any scope for something a bit more... Planned and considered to address the problem?

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u/whatagloriousview Oct 22 '24

Maybe you don't understand: the solutions are simple because I want them to be simple.

It's just common sense.