The UK is re-evaluating its graduate visa reforms.
Balancing international talent attraction with domestic job market needs is a challenge.
A final decision is likely forthcoming based on economic data.
The previous plan of the UK’s Chancellor of the Exchequer, Rishi Sunak, to introduce a drastic change in the UK graduate visa system has now been withdrawn.
Among such reforms designed to lure the brightest minds were new rules that increased the period that allowed international students to stay in the country after they graduated from four to six years.
However, Sunak has disowned such plans for political repercussions and a shift towards job generation in the British economy after the COVID-19 outbreak.
These changes were among a series of measures in the plan for post-Brexit Britain that sought to oversee the country’s positioning as a destination of choice for global talent.
The changes are intended to increase the period one can work in Great Britain after completing the study from four to six years for international students.
It was considered a means to strengthen the UK’s position as a global hub and help the nation’s education sector, which relies on fees and the international diversification of the student body.
One of them is the need to attract the best-capable talents from across the world, particularly after Brexit.
The country also wants to retain its image of innovation and education, which has established its reputation in the global market.
They were regarded as a part of this strategy, which was to allow the international students, who were expected to be the source of skilled workers, to contribute to the UK economy for an elongated period by granting them a more extended visa.
Nonetheless, scrutiny of domestic employment opportunities has arisen, with the COVID-19 economic crisis as the main provocation.
Such considerations have led to relaxation from the previously envisaged radical overhauls that Sunak has deployed.
Sunak opposed most of the proposed graduate visa reforms because he was also afraid of the backlash he would receive from the general public and critics within his party.
Some claim that increasing the stay period after graduation will further threaten the number of vacancies for UK nationals due to international competition for employment opportunities, which are more crucial in generating and sustaining domestic jobs.
Opponents of Sunak in his cabinet have also frowned at implementing such extreme measures.
Many current and former politicians, including Chancellor Jeremy Hunt, Foreign Secretary David Cameron, Home Secretary James Cleverly, and Education Secretary Gillian Keegan, have claimed that such radical shifts would harm institutions of higher learning and the UK economy as a whole
Further dilution in the measures may be announced when the quarterly net migration data from the Office for National Statistics is released, which is likely to be higher.
Sanam Arora, the chairperson of the NISAU, concurred that graduate visas are some of the most critical factors in helping the UK attract international students.
Arora quotes, “The best will go where the best offer is, and any worsening of the graduate route will make the UK’s offer significantly worse.”
Current migrant graduate visa holders have also expressed concerns, especially students from India, who account for over 40% of all student visas.
Expensive education loans pay for UK tuition and other costs, and many consider the chance to find employment after completing studies relevant to the return on investment.
“Some have virtue in deeming the youth to work rigorously as the ‘Deliveroo visas’,” noted Arora while referring to the unfair portrayal of some of the jobs international graduates take.
To be more specific, however, American and other overseas international students often go to appalling lengths; they are young, prudent, and dedicated and usually can afford tens or perhaps hundreds of thousands of pounds for their UK education and their dreams.
Rishi Sunak’s call for less radical changes and more prudential adjustments is also a way to find a middle ground, making the UK attractive for top talents worldwide while investing in the domestic job market.
The ball remains in place, but political and business leaders and educational establishments must be more satisfied, as the emphasis is on a resolution that would benefit international students and UK employees.
So, learners eagerly await more announcements and discussions to see how the government will balance these competing interests.
However, much has yet to be done in striving for the much-needed middle ground in regulating graduate visas and attracting global talent in the post-Brexit period
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