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Rivals set to profit as Australia loses out on international education market

[Source: Forbes, The Australian, 15 July 2010]

Tightened immigration rules and high profile safety concerns for foreign students have seen Australia’s US$14.8 billion international education sector suffer in the past year, with many providers now believing that colleges in the US and UK are set to profit. According to data from Australian Education International (AEI), course enrolments for the first quarter of 2010 have dropped by 3.3% compared to the same period last year, driven largely by falls in vocational education and training courses and English language courses for overseas students. The decline has been particularly striking amongst South Asian students (Indians, Sri Lankans, Nepalis, Bangladeshis and Pakistanis), with enrolments falling by well over a quarter (29%). Meanwhile colleges in the US are experiencing strong surges in demand, leading providers in Australia to raise concerns over the future of one of the country’s biggest exports.

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