Australian Universities and TAFE Chinese Education Market Crashing
The nation’s $6 billion education business with China is in jeopardy, according to Chinese agents.
The sector is facing further college closures as enrolments for the next two intakes from China have fallen by up to 40 per cent from China and demand from nine out of 10 of the biggest markets waning.
“The situation has never been so severe, and might be worse if nothing is to be done about it,” Li Ping, president of Aoji Education Group, China’s biggest education agent, said.
“Next year will be even more difficult . . . With other countries being more aggressive and attractive, I’m afraid Australia will fall off an irrevocable cliff and can not be saved for years. The business is on the very verge now.”
Forward enrolments from China for next month’s summer intake are down by 30-40 per cent for universities and up to 80 per cent down for TAFE colleges.