International students significantly boost Germany's economy

A new study shows that international students contribute significantly to Germany's economy, even though they receive free education. The research from the German Economic Institute found that 79,000 international students who started their studies in Germany in 2022 will pay around €15.5 billion ($16.8 billion) more in taxes and social security over their lifetimes than they receive in benefits. Joybrato Mukherjee, president of the German Academic Exchange Service, remarked that international students are valuable academically and economically. Many foreign students decide to stay in Germany after graduation. An OECD report indicates that around 45% of students who came on student visas in 2010 remained in Germany a decade later. German universities do not charge tuition fees, attracting many students. For example, Younis Ebaid, an Egyptian software developer, chose Germany because it was more affordable than English-speaking countries. He studies automotive engineering in Ingolstadt, where he benefited from local industry ties. Despite the low tuition costs, living expenses are high in Germany. Ebaid works part-time as a software developer to support himself. The study highlights that many international students work while studying, contributing to the economy. However, finding full-time employment after graduation can be challenging. Ebaid experienced a tough job market, as companies like Audi and VW have been laying off workers. He eventually secured a job in software development but noted that many of his former classmates are still searching for work. Germany is making efforts to keep international graduates in the country. Universities help students prepare for careers with CV workshops and job fairs. Despite this, Ebaid hopes to remain in Germany but is uncertain due to the current economic climate. He also pointed out challenges with bureaucracy, especially regarding language barriers. While he is learning German for permanent residency, he feels that government services should have more information available in English. The study suggests that integrating international graduates into the workforce should improve, but it emphasizes that educating students worldwide benefits Germany by fostering international ties.