Top universities defy predictions of drop in overseas students
However, second-tier institutions and those dependent on the Indian and Nepalese student markets have lost overseas enrolments, leading to an overall drop of 7% last year. As universities cut costs, 7% of academic and general staff lost their jobs.
Last April, the University of Sydney predicted a 17% drop in overseas students and a AU$470 million (US$357 million) loss in 2020. But instead, its international revenue grew last year, and it posted an AU$100 million profit. Overseas student numbers grew again this year by 32.3%. International enrolments at the University of New South Wales or UNSW – which, like Sydney, is among the top 100 universities in the world – also grew by 39.2% this year on the strength of Chinese demand, although a spokeswoman said the sharp rise came off a significant fall in 2020.
Full report on The Sydney Morning Herald site