The Turing scheme as announced thus far is for UK students to go abroad, not for students from other countries to come to UK universities. There is no mention anywhere of allowing students from elsewhere to attend UK universities w/o paying fees under Turing: it is for UK students, not reciprocal, which has been how the UK gvmt has viewed Erasmus since 2016 in all its communication.
No change for Asian or African students, then.
And UK universities will have to put in tenders for the funding...hopefully cronyproof ones).
This decision will deprive the UK of the income that EU Erasmus students brought to the country, as well as the other economic benefits of the programme (estimated by UUKI at £243m/yr).
Like Aria11, I've been involved in Erasmus for a long time (15yrs) and (s)he is absolutely right that - although Erasmus apprenticeships and internships help less privileged young British people, as well as teaching staff from all levels of education who go on mobility to share professional skills - quite a lot of outgoing UK (well, English...it's different for Scottish and Irish students, IME) students are well-off, because of the cost of HE fees, esp. for a degree that is a year longer, and because of the attitude to (not) teaching MFL in the state education system in the last decade or so.
None of that is due to the EU. Nor is the decision made by many English universities not to oblige students to take exams or pass credits in the host university while on mobility, thus turning it into a de facto gap year - something no other EU member state I have worked with does.