Aussie universities turn greedy profit maximizing corporations
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Prior to the pandemic, Australia was one of the most popular locations for overseas students:

It also had the highest concentration of international students in the world, around three times that of the United Kingdom and Canada and six times that of the United States.
In March 2024, the number of overseas students studying in Australia reached a record high, with 671.400 visas on issue.
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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.