A story in this morning’s Australian drew attention to this Access Economics report on international students, commissioned by the Australian Council for Private Education and Training, the largest peak body for private education providers.
Because they don’t take into account the paid work overseas students do while living in Australia, I think the Access report overstates their contribution to export earnings and understates their contribution to GDP. But the report does do a service in pointing to the consequences for the economy of a decline in demand from overseas students.
Of more pressing concern for those of us attending or employed by universities is what happens to us if the overseas student market goes into serious decline. Universities depend on international students for their survival.
Julia Gillard as Education Minister is also relying on a strong international student market. Her current policy approach is actually high-stakes politics, with her policies putting the higher education system at significant risk.
Continue reading “What will happen if the overseas students stop coming (or Julia Gillard’s big policy gamble)”