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Universities race to recapture international students to shore up revenue

In Australia, where education is the fourth-biggest export, more than 28,000 Chinese returned to universities last month, with another 35,000 visa holders from the country still eligible

Foreign Universities, education, university
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Photo: Bloomberg

Bloomberg
When borders slammed shut, universities worldwide were forced to confront a glaring weakness in their business models: a reliance on international students to shore up revenue. Three years on, the sector shows no signs of curbing that dependence. Instead, it’s doubled down.
 
China’s reopening and demand that anyone pursuing degrees at foreign universities get back to class comes amid a heightened race among English-speaking countries to attract international students. 

In Australia, where education is the fourth-biggest export, more than 28,000 Chinese returned to universities last month, with another 35,000 visa holders from the country still eligible. That’s on top of 746,000

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First Published: Mar 18 2023 | 7:02 AM IST

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