Sunday, July 21, 2024
Hawai'i Free Press

Current Articles | Archives

Wednesday, April 8, 2015
DBEDT: International Students Contribute Over $205M to Economy
By News Release @ 3:44 PM :: 6175 Views :: Economy, Hawaii Statistics, Higher Education

INTERNATIONAL STUDENTS CONTRIBUTE MORE THAN $205 MILLION DIRECTLY TO HAWAII’S ECONOMY

DBEDT News Release April 7, 2015

HONOLULU—The Research and Economic Analysis Division (READ) of the State Department of Business, Economic Development & Tourism (DBEDT) today released an economic report analyzing, “The Economic Impact of International Students in Hawaii.”

The report shows that foreign students made a direct economic impact of $205.1 million to the State for the 2014-2015 school year. “This number highlights the importance of international education to our state,” stated DBEDT Director Luis P. Salaveria. “One challenge Hawaii faces is the increasing competition in international education among U.S. institutions. Hawaii’s share of international students decreased from 1.0 percent of the U.S. total in 2005 to a mere 0.5 percent in 2013.”

In addition to the $205.1 million in direct economic output, other economic benefits of international students include:

  • $443 million in total economic impact, including direct and indirect effects.
  • 4,922 jobs were supported by foreign student spending.
  • $185 million in household earnings was attributed to foreign students.
  • $29 million in state taxes was generated from the total economic output of foreign students.

The results are based on a survey of Hawaii institutions that participate in the U.S. Department of Homeland Security’s Student and Exchange Visitor Information System (SEVIS). SEVIS includes middle and high schools, professional institutions, colleges and universities. 79 Hawaii institutions are participating in the program. The survey was conducted by the Research and Economic Analysis Division and the Business Development and Support Division of DBEDT. Responses from 35 educational institutions were received, covering 10,104 foreign students studying in Hawaii during the 2014-15 academic year.

The economic impacts were calculated based on the responses without weighting to the total participating school population. The economic impact could be higher should all schools respond to the survey.

Of the total number of foreign students in Hawaii during the 2014-15 school year, Japan remains the top country of origin with 3,183 students, or about 31 percent of all foreign students. Japan was followed by South Korea with 941 students (9 percent); China with 815 students (8 percent) Switzerland with 580 (6 percent), and Taiwan with 356 students (4 percent).

It appears that Hawaii’s loss of share is partially rooted in the difficulty of attracting students from high-growth countries like China, but also including India and Saudi Arabia. On the other hand, Hawaii remains a preferred destination for Japanese students, but Japan’s share of foreign students is declining.

PDF: Download the full report

# # #

Links

TEXT "follow HawaiiFreePress" to 40404

Register to Vote

2aHawaii

Aloha Pregnancy Care Center

AntiPlanner

Antonio Gramsci Reading List

A Place for Women in Waipio

Ballotpedia Hawaii

Broken Trust

Build More Hawaiian Homes Working Group

Christian Homeschoolers of Hawaii

Cliff Slater's Second Opinion

DVids Hawaii

FIRE

Fix Oahu!

Frontline: The Fixers

Genetic Literacy Project

Grassroot Institute

Habele.org

Hawaii Aquarium Fish Report

Hawaii Aviation Preservation Society

Hawaii Catholic TV

Hawaii Christian Coalition

Hawaii Cigar Association

Hawaii ConCon Info

Hawaii Debt Clock

Hawaii Defense Foundation

Hawaii Family Forum

Hawaii Farmers and Ranchers United

Hawaii Farmer's Daughter

Hawaii Federation of Republican Women

Hawaii History Blog

Hawaii Jihadi Trial

Hawaii Legal News

Hawaii Legal Short-Term Rental Alliance

Hawaii Matters

Hawaii Military History

Hawaii's Partnership for Appropriate & Compassionate Care

Hawaii Public Charter School Network

Hawaii Rifle Association

Hawaii Shippers Council

Hawaii Together

HiFiCo

Hiram Fong Papers

Homeschool Legal Defense Hawaii

Honolulu Navy League

Honolulu Traffic

House Minority Blog

Imua TMT

Inouye-Kwock, NYT 1992

Inside the Nature Conservancy

Inverse Condemnation

July 4 in Hawaii

Land and Power in Hawaii

Lessons in Firearm Education

Lingle Years

Managed Care Matters -- Hawaii

MentalIllnessPolicy.org

Missile Defense Advocacy

MIS Veterans Hawaii

NAMI Hawaii

Natatorium.org

National Parents Org Hawaii

NFIB Hawaii News

NRA-ILA Hawaii

Obookiah

OHA Lies

Opt Out Today

Patients Rights Council Hawaii

Practical Policy Institute of Hawaii

Pritchett Cartoons

Pro-GMO Hawaii

RailRipoff.com

Rental by Owner Awareness Assn

Research Institute for Hawaii USA

Rick Hamada Show

RJ Rummel

School Choice in Hawaii

SenatorFong.com

Talking Tax

Tax Foundation of Hawaii

The Real Hanabusa

Time Out Honolulu

Trustee Akina KWO Columns

Waagey.org

West Maui Taxpayers Association

What Natalie Thinks

Whole Life Hawaii