From Geoff Maslen at University World News
Changes to Australia’s immigration rules affecting foreign students who apply for permanent residency could cause a collapse in the booming export education market. The tighter restrictions are likely to have a profound impact on the number of students from India and China whose main purpose in coming to Australia is to obtain permanent residency. Take that lure away and the main reason why tens of thousands are prepared to outlay up to $20,000 (US$16,000) every year disappears.
Estimates by the Australian Bureau of Statistics suggest that foreign students contribute more than A$15 billion a year to the national economy. But this does not take account of the money students earn working in Australia and if that sum is deducted, the total is believed to be far less. More…
0 Responses to “AUSTRALIA: Has the export education bubble burst?”
Leave a Reply