According to a recent article in the Financial Times, enrollment in the 16 full-time MBA programs are down 10-15% in the UK. The economy is the primary reason, but another reason is the strict visa requirements put in place by the government. Just a short time ago, foreign graduates of UK MBA programs lost the right to work for two years in the UK–which also has an impact on interest in the schools there.

Some schools are trying to find ways to attract more students. Oxford’s Saïd school is trying out a community education bonds program in which alumni invest in the students who follow after them. Prodigy Finance, which runs the bond program, says that there are other UK MBA schools looking to carry out the plan as well.