Ongoing forex woes curb UK study, agencies report

The PIE News 27 August 2016

While the weaker British pound might make studying in the United Kingdom more attractive to some international students, the country’s third most fruitful source market is still struggling with punishing exchange rates that have plagued the market for a number of months, writes Sara Custer for The PIE News.

Reports from Nigeria say interest in studying higher education overseas has dropped by 30%-50% for most education agencies compared to this time last year as the naira stubbornly stays at 0.002 to the dollar.

The UK is traditionally a popular destination because of its proximity to Nigeria and many parents, alumni of UK universities themselves, are familiar with the country’s higher education system.
Full report on The PIE News site

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