Australia’s “degree factory” unis under threat from global competition
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It seems Australia’s latest export growth industry – selling university degrees (and residency) to international students – is under threat as China competes harder for international students. From The ABC:
Australia has much invested in its ability to attract large numbers of young Asians for tertiary study. The income they bring is increasingly how Australia’s university sector is financed.
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.