The Head of Business, Innovation and Skills Select Committee had urged the Home Secretary and the PM David Cameron to change the visa restrictions for the foreign graduates of the universities in the UK.
According to the Head of BIS Select Committee, the UK government is guilty of adding the foreign students in the net migration targets, and the change could come from David Cameron.
Addressing the conference Ian Wright told that he will be focus of the future inquiries by his select committee which includes the productivity and the foreign students.
He said that he was worried about this visa regime, which had slashed the time; the foreign students are permitted to stay in the UK after completing the studies from two years to four months.
It’s a total madness to have the system where we educate overseas students to largest standards anywhere in the whole world and then ask them to leave the country before they contribute to the economy of the UK and apply the skills for the betterment of our competitiveness. –He said.
According to the CABS statistics, out of 7 billion pounds that the foreign students from the non-EU were said to bring into the economy of the UK by the report published in the year 2014, around 2 billion pounds was attributed towards schools, business.
Mr. Wright told that the well-established views of the Home Office on the immigration were contributing to undermine the British status throughout the world with the ability to attract the talented international students for the UK business schools.
He also prolonged on his concerns about teaching excellence framework, particularly that the institutions with better TFT rating will be allowed for increasing the tuition fees. He also said that the government had announced things without any hint about how it is supposed to deliver it.