Lost international student income: hard years ahead

Ian Marshman and Frank Larkins warn recovery will take years, if it ever occurs

In CMM features this morning the HE policy mavens estimate international student fee revenues lost to the COVID-19 crisis will be up to $15bn.

“This makes no provision for a probable reduction in later year course fee levels as Australian universities seek to rebuild market share in a more competitive environment in which an exclusively campus-based student experience may be challenged by on-line modalities,” they warn.

Research and capital works will take the heaviest hit.