The Exchequer benefits and costs associated with the Graduate Route visa

In the context of the ongoing rapid review of the Graduate Route visa by the Migration Advisory Committee (MAC), due to report its findings by 14th May 2024, and the significant political debate on restrictions on the number of international students and graduates (and their dependants) in the UK, London Economics was commissioned by the Higher Education Policy Institute, Kaplan International Pathways, and the National Union of Students (NUS) to estimate the UK Exchequer benefits and costs associated with Graduate Route visa holders in the 2022-23 tax year.