The evil, evil, more evil Australian universities may soon be facing showtime, because they have put all of their eggs in the one basket hoping that the international student market, read
“China,” will be a boom forever like the mining boom of a while back. The government rubs its dark claws together glad to be getting backdoor migrants. But, maybe not forever:
https://www.macrobusiness.com.au/2019/09/brace-for-the-chinese-international-student-bust/
“Chinese international students are by far the biggest contributor to Australia’s education export industry. As at June 2019, there were 204,000 Chinese students enrolled in Australian educational institutions, comprising 29% of total international student enrolments. The number of Chinese international students studying in Australia is also roughly double second placed India (104,000) and quadruple Nepal (52,000), as illustrated in the next chart: Late last month, the Centre for Independent Studies (CIS) sounded the alarm on this dependence, warning that a sharp pullback in Chinese student numbers could severely damage the finances of Australia’s tertiary institutions: International comparisons reveal the excessiveness of this China exposure. All seven [major universities] have higher proportions of international and Chinese students than any university in the entire United States. Indeed, all seven appear to be more dependent on feepaying Chinese students than just about any other universities in the English-speaking world. Late last month, the Centre for Independent Studies (CIS) sounded the alarm on this dependence, warning that a sharp pullback in Chinese student numbers could severely damage the finances of Australia’s tertiary institutions: International comparisons reveal the excessiveness of this China exposure. All seven [major universities] have higher proportions of international and Chinese students than any university in the entire United States. Indeed, all seven appear to be more dependent on feepaying Chinese students than just about any other universities in the English-speaking world.
