The economic impact of Rhodes University students on the Grahamstown economy

From Executive Summary: This study compares the spending patterns and economic impact of three groups of Rhodes University students: South Africans (SA), Other Africans and students from the Rest of the World (RoW). Data was collected via self-completion questionnaires and the final sample size was 163. Despite differences in spending patterns, total spending was found to be remarkably similar across groups, the major differences being between those students in university residence and those in digs (rented accommodation in town). Total monthly spending for those in residence was highest for SA students (R1034), then Other Africans (R850) and finally RoW (R777). For those in digs, total monthly spending was very similar, but again highest for SA students (R2495), then RoW (R2480) and then students from Other African countries (R2461). SA students have a considerably lower average unearned income than other groups, with students from the RoW having the highest unearned income (R1060 for those in residence and R2300 for those in digs). However, 55% of SA students, compared to 47% of foreign students, have sources of earned income, usually related to the university. Monthly income also tended to be higher for SA students (R654) than for other groups (Other Africa = R557; RoW = R575). The general conclusion that can be drawn is that there is very little difference in total spending between groups, although SA students have a somewhat higher average than others. A straight line ordinary least squares regression showed that, holding all else constant, SA students spent on average R169 more per month than foreign students (significant at the 10% level)