WrittenPublished by: The Centre for Independent Studies
MBA News Digest Comment: None.
Extracted Content: Australia’s universities are taking a multi-million dollar gamble with taxpayer money to pursue a high-risk, high-reward international growth strategy. Their revenues are booming as they enrol record numbers of international students, particularly from China. As long as their bets on the international student market pay off, the universities’ gamble will look like a success. If their bets go sour, Australian taxpayers may be called on to pick up the tab.
This report establishes the scale of the universities’ China risk, assesses the difficulty of addressing it, and proposes steps to reduce it.