Whether universities could do more to power the economy of the Midlands was the subject of a roundtable discussion, hosted by the Guardian and supported by HSBC at Birmingham University. The discussion involved senior leaders from higher education, government and business.
Sir David Eastwood, the University of Birmingham’s vice-chancellor, said universities’ economic impact on the region was already considerable. His university contributes £3.5bn a year to the local economy, with every eight international students worth £1m. “Leave aside the intellectual benefit, leave aside the importance of international students to the kind of global educational community we are, just look at the multiplier,” he said.
Read more: www.theguardian.com/higher-education-network/2017/jun/28/regional-economic-growth-universities-regeneration-local-economy