Australian Education News SOL Immigration changes, enrolments and commencements down, finances in danger….
International focus leaves unis exposed. A YEAR ago, tumbling world stockmarkets were pressuring university finances, but the threat now is international revenue on which universities increasingly rely, even as investment markets recovers. The Victorian Auditor-General’s report on the state’s university sector highlights a dramatic recovery in finances as steep paper losses among wealthy institutions such as the University of Melbourne recover. But as the sector is braced for a drop in international student numbers following the Rudd government’s tighter visa and immigration rules, the sector’s dependence on international fees is only increasing
Inbound student market falters. AUSTRALIA’S international student market has gone into reverse with government figures showing commencements slumping 3.3 per in the four months to the end of April on the back of steep falls in the English language sector last month.
While international student commencements at universities continue to grow — they are up 9 per cent so far this year — English language schools are a key feeder for universities and the sector is now braced for a drop in demand