Foreign students add $447m to Hawaii economy

Foreign students add $447m to Hawaii economy

Foreign students have become essential to Hawaii, having brought in $447 million to its economy, according to a report from the state Department of Business Economic development and Tourism released last week.

Dubbed the ‘Economic Impact of International Students in Hawaii – 2019 Update”, the report outlined ways in which international students both directly and indirectly poured money into Hawaii’s economic pot last year.

The $446.7 million of revenue generated by international students is broken down thus: $216.9 million came from direct spending, $197.3 million from generated household income and $34.3 million came in the form of state taxes.

Over 4000 jobs supported by foreign student spending

On top of their contribution to the economy, the report stated that more than 4,575 jobs are supported by international student spending.

Mike McCartney, director of DBEDT, said in a statement: “International study exchange programs bot only contribute to Hawaii’s economic growth but its continued ability to attract foreign students and investments.

“Hawaii’s appeal as a place that embraces many different cultures remains on of our greatest assets.”

DBEDT’s 2019 International Education Survey garnered information from a total of 41 Hawaiian schools with a collective total of 14,300 international students.

Governor David Ige stated: “The benefits international students contribute to our state go far beyond their direct and indirect spending.

“Their presence in our schools promotes mutual understanding and global collaboration and is essential to building bridges that connect future world leaders.”

Japan top source of foreign students in Hawaii

Last year, Hawaii hosted students from 128 countries, including Japan, which has consistently lead as the top country of origin for Hawaii’s international students, followed by South Korea and China.

Ige added: “We are able to share Hawaii’s culture with the students and they, in turn, teach us about their culture. These experiences will positively change the trajectory of Hawaii’s future.”

Pic: Alexander Mils

Kate Frazer - Global Education Times (GET News)

Kate Frazer is a reporter for Global Education Times with a focus on UK/Ireland and North American education news. When she is not writing for GET News, Kate spends her time as an English and Maths tutor, and is currently pursuing her PGCE in Secondary Mathematics.
You can reach her at: kate@globaleducationtimes.org

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