These are the findings of the British Council‘s latest report, The Future of the World’s Mobile Students to 2024, which was released at the AIEC conference in Canberra this week.
China will emerge as a competing host nation
The two fastest growing source markets, China and India, will contribute 855,000 and 376,000 students respectively to the mobile student population, it says, by 2024. The two countries alone are expected to contribute 32 per cent of total global outbound higher education students within a decade.
Germany is forecast to become the third largest sender of higher education students, with a predicted 139,000 outbound students, overtaking South Korea.
Meanwhile, developing economies including Pakistan, Turkey and Indonesia will also emerge as important source markets.
As expected, the US, UK, Australia, Germany and Canada will continue to be the largest host markets, suggests the British Council’s Education Intelligence unit.
Globally, higher education enrolments will increase, albeit at a slower rate of 1.4% compared to the 5% to 6% seen in previous decades. India will be the fastest growing higher education enrolments market by 2024, leading the way with 12.7 million additional admissions nationally.
China will emerge as a competing host nation, as it strives to reach its target of 500,000 international students by 2015. In 2012, China hosted 328,000 international students and as investment in its own higher education system increases, researchers predict a possible drop in Chinese students travelling abroad for higher education.
“It is not surprising that the US will be the top destination for outbound students in 2024”
Explaining the trends, Elizabeth Shepherd, the British Council’s Research Director, told The PIE News, “Mobile higher education students are set to remain an attractive market for host countries across the world, with continued strong growth forecast over the next decade.”
She added, “Today and certainly in the future it’s not just about a marketing budget – it’s about establishing international partnerships, encouraging outward mobility for students and researchers as well as attracting them to a home campus, successfully embracing digital tools to reach more people around the world.”
Welcoming the news that the US will continue to attract a majority of international students, Rajika Bhandari at IIE commented, “With over 4,000 accredited institutions, the US higher education sector has the capacity to host far more students than does the UK, Canada or Australia and so it is not surprising that the US will be the top destination for outbound students in 2024.”
Nicola Dandridge, Chief Executive of Universities UK, noted, “competition from other countries for international students is fierce. The challenge will be to make sure that the UK’s student visa rules are properly understood internationally and that genuine international students do not become caught up in efforts to bear down on immigration.”